Plan for $20 million firefighter training center near the site of Ohio derailment is revived
Read full article: Plan for $20 million firefighter training center near the site of Ohio derailment is revivedNorfolk Southern railroad worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of the worst derailment in a decade in East Palestine, Ohio.
Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
Read full article: Union Pacific and Norfolk seek 1st transcontinental railroad through a massive mergerUnion Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.
Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts
Read full article: Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubtsNot long after a Norfolk Southern train derailed and caught fire in eastern Ohio in February 2023 the railroad started to repeat its promise that it would โmake it rightโ in East Palestine.
Norfolk Southern's derailment insurance payments provide boost but even without that profits were up
Read full article: Norfolk Southern's derailment insurance payments provide boost but even without that profits were upNorfolk Southernโs first quarter profits got another boost from insurance payments related to its disastrous 2023 derailment in eastern Ohio.
Norfolk Southern CEO optimistic about 2025 after solid fourth quarter
Read full article: Norfolk Southern CEO optimistic about 2025 after solid fourth quarterNorfolk Southern's solid fourth quarter โ combined with the optimism the railroad is hearing from their customers and support theyโre getting from Washington D.
Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
Read full article: Norfolk Southern makes deal with investors to prevent another fight for control of the railroadNorfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this yearโs campaign to take control of the railroad.
Flurry of contract deals come as railroads, unions see Trump's election looming over talks
Read full article: Flurry of contract deals come as railroads, unions see Trump's election looming over talksThe flurry of contract agreements announced early this fall โ including two more Wednesday โ offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago.
Norfolk Southern tops third-quarter expectations with a boost from insurance and rail sales
Read full article: Norfolk Southern tops third-quarter expectations with a boost from insurance and rail salesRailroad Norfolk Southernโs streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines.
Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Read full article: Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan ShawNorfolk Southern said Thursday that its new CEOโs salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance.
