
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, August 21, 1993                   TAG: 9308210051
SECTION: BUSINESS                    PAGE: A-4   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

NS ESTIMATE: UP TO $15 MILLION IN DAMAGE

Norfolk Southern Corp. will not know the size and scope of its losses to the Midwestern floods for several more weeks.

But the Norfolk-based railroad already has estimated $12 million to $15 million worth of structural damage to washed-out track and bridges, most in Missouri, said spokesman Robert C. Fort.

Also, it has begun assessing the losses of curtailed operations but yet has no indication of how much revenue was lost because of weeks of not operating over some routes or costly detours.

"We're still cleaning up," Fort said. "We don't have any idea yet of the tally."

The only formal estimate released by the company was in late July, when in the process of reporting second-quarter earnings, Norfolk Southern said the flood damage then stood at $10 million. - Staff reports

by CNB