Category: Norfolk Southern Corporation

Norfolk Southern Investors Reject Plan to Oust Its Management

An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
Activist Ancora Wins Three Norfolk Southern Board Seats but Will Not Oust CEO

An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
Norfolk Southern Faces Activist Investor Challenge

A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
Trains, Trucks and Tractors: The Race to Reroute Goods From Baltimore

Since the collapse of the Key Bridge, other East Coast ports have absorbed the cargo previously handled in Baltimore, but some parts of the supply chain like trucking are struggling.
Norfolk Southern Settles Derailment Suit for $600 Million

The railroad company will pay residents and businesses in East Palestine, Ohio, and the surrounding area after a derailment last year.
U.S. Finalizes Rule Requiring Two-Person Crews on Freight Trains

The regulation ensures that the nation’s largest freight railroads will not be able to reduce the number of workers aboard their trains from today’s status quo.
Norfolk Southern Agrees to Try Out Federal Safety Reporting Program

The company, which operated the train that derailed in East Palestine, Ohio, is the first major freight railroad to join a federal program that allows workers to report safety issues.
Since the East Palestine, Ohio, Train Derailment, Accidents Have Risen

The total number of accidents for the top five freight railroads increased, and Congress still hasn’t passed legislation to prevent similar disasters.
Freight Railroads Seek Changes to Federal Safety Program Before Joining It

After the derailment in East Palestine, Ohio, the nation’s major freight railroads agreed to join a federal program for workers to report safety issues. But first, they want it to be overhauled.
Blocked Rail Crossings Snarl Towns, but Congress Won’t Act

The industry has used its muscle to prevent federal, state and local governments from penalizing companies that park freight trains across roads for hours or days.
When Trains Block a Road, Local Officials Have Few Options

The federal government has begun offering $3 billion for bridges and tunnels, but many local governments say they cannot take advantage of the money.
Supreme Court Allows Unusual Pennsylvania Law on Corporate Suits

A novel Pennsylvania law requires corporations that do business in the state to consent to being sued there, even if the suits have nothing to do with the state.