by Archana Subramaniam by CNB
Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, January 29, 1992 TAG: 9201290298 SECTION: BUSINESS PAGE: A-7 EDITION: METRO SOURCE: DATELINE: LENGTH: Medium
IN BUSINESS
Moorman named NS personnel chiefNorfolk Southern Corp. on Tuesday named Charles W. Moorman its vice president for personnel and labor relations, succeeding Thomas C. Sheller.
The promotion is effective Feb. 1.
Sheller last fall replaced Roanoke Valley native David Goode as executive vice president for administration when Goode was named president of the Norfolk-based company.
Moorman, 39, moves up from assistant vice president for stations, terminals and transportation planning. In 1970, he joined the Southern Railway Co., an NS precursor, after receiving degrees from Georgia Tech and Harvard University.
NS also named James L. Granum and John F. Corcoran its Washington-based vice presidents for public affairs, replacing the retiring Edward T. Breathitt.
The transportation company Tuesday raised its quarterly common stock dividend to 45 cents per share from 40 cents, payable March 10 to shareholders on Feb. 7. NS is to release its revenue and earnings statements today for 1991 and last year's fourth quarter. - Staff report
Centel, unions sign 1st national contract
CHICAGO - Centel Corp. and its Central Telephone Co. employees represented by the Communications Workers of America and the International Brotherhood of Electrical Workers have ratified the national contract agreement recently reached with the company.
Centel said Tuesday that union members ratified the three-year agreement, which takes effect March 1, by more than a 3-to-1 margin. The CWA and IBEW represent more than 5,000 of Centel's 9,500 employees.
The national contract does not address wages or other local issues, which will continue to be governed by separate local contracts. It is the first time the company has had a national contract with its unions.
The wide-ranging contract includes agreements affecting incidental absences, accident and sickness benefits, attendance, medical benefits, military/reservists leave, reimbursement of relocation expenses, service and seniority bridging, light-duty assignments and retirement pension plan provisions and vesting. - Staff report
Prices on gasoline fall for 10th week
For the 10th consecutive week, the national average gasoline price has declined, the American Automobile Association reported Tuesday.
The motor club's weekly report on fuel prices showed the self-serve regular unleaded average fell 0.3 cent to $1.065 per gallon. The price is down 7.8 cents per gallon in 10 weeks and is at its lowest since July 25, 1990, when the average was $1.05.
The nationwide average price of self-serve regular leaded gasoline decreased 0.5 cent this week to $1.056 per gallon. The self-serve mid-grade unleaded average is unchanged at $1.17 per gallon and the self-serve premium average fell .4 cent to $1.252. - Staff report