OMAHA, Neb. Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.
February 27, 2024Norfolk Southern News Updates
Norfolk Southern Urges Shareholders to Reject Takeover Plan
Buttigieg Calls on Congress to Pass Rail Safety Bill
Secretary Pete Buttigieg recently pressed Congress to pass legislation that would strengthen rail safety policies.
January 25, 2024STB Calls for Status Hearing on Gulf Coast Amtrak Project
The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.
January 22, 2024Norfolk Southern Turns to Automated Inspection Portals
Norfolk Southern has installed automated inspection portals on its tracks in Ohio not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
October 26, 2023Norfolk Southern Profit Falls as Derailment Costs Grow
OMAHA, Neb. The costs related to the East Palestine derailment grew to $966 million for Norfolk Southern. The railroad said Q3 profit of $478 million was half of last years $958 million.
October 25, 2023Policymakers Urge Action on Rail Safety Bill
A group of senators is renewing calls for a floor vote on legislation meant to improve safety across freight rail networks.
September 26, 2023Biden Orders Continued Monitoring of Norfolk Southern
President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestines recovery, but he still stopped short of declaring a disaster.
September 21, 2023Norfolk Southern Details Plan for East Palestine Residents
Norfolk Southern announced new details about its plan to compensate East Palestine residents for lost home values since the derailment disrupted life in the eastern Ohio town in February.
September 19, 2023Norfolk Southern CEO Promises to Keep Improving Safety
Norfolk Southerns CEO pledged to continue working to improve safety after a consultant recommended making sure that safety is truly a priority at all levels.
September 15, 2023FRA Finds Norfolk Southern Should Be Doing More on Safety
OMAHA, Neb. Norfolk Southern made recent improvements but is nowhere near the gold standard for safety it is striving to be, according to federal regulators.
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