Norfolk Southern News Updates

Government, Business, Logistics, Global Freight

Norfolk Southern Urges Shareholders to Reject Takeover Plan

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, 2024
Government, Safety

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, 2024
Government, Business, Logistics, Global Freight, TCA

STB 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, 2024
Business, Safety, Logistics

Norfolk 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, 2023
Business, Safety

Norfolk 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, 2023
Government, Safety

Policymakers 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, 2023
Government, Business, Logistics

Biden 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, 2023
Government, Business, Safety

Norfolk 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, 2023
Government, Business, Safety, Logistics

Norfolk 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, 2023
Government, Business, Safety, Logistics

FRA 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.

August 9, 2023