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Norfolk Southern

Union Pacific Hopes to Win Back Volume in Proposed $85B Norfolk Southern Deal

UP CEO Jim Vena said the merger would capitalize on West Coast and East Coast ports alike, but headwinds…

UP-Norfolk Southern Merger Would Control Nearly Half of US Rail Container Traffic

A deal would shift container market leadership from BNSF to UP-NS, raising pressure on the former to seek out…

As Union Pacific and Norfolk Southern Confirm Merger Talks, CSX Won’t Rule Out M&A

Stagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for…

Union Pacific and Norfolk Southern Reportedly Eyeing Merger

The merger would create a coast-to-coast railroad freight pathway throughout the United States.

Vance Calls Out a ‘Need to Do Better on Rail Safety’ on Norfolk Southern Derailment Anniversary

As the vice president visited East Palestine, Ohio, 744 residents sued the railroad for wrongful deaths…

Norfolk Southern Agrees to $22 Million Settlement With East Palestine Over Train Derailment

East Palestine and Norfolk Southern also announced that the company will no longer build a safety training…

Norfolk Southern Axes CEO Over Relationship with Chief Legal Officer

Shaw's departure from the railroad ends a tumultuous two-plus-year tenure that included a toxic train…

Norfolk Southern Forks Over $310 Million in Federal Settlement

The railroad is paying up to settle claims and cover costs stemming from a February 2023 train derailment in…

Norfolk Southern Retains CEO Alan Shaw After Shareholder Vote, Ending Proxy Fight

Activist investor Ancora had three director nominees elected to Norfolk Southern's board, with chair Amy…

Norfolk Southern Accuses Activist Investor of Trying to ‘Buy Votes’ in Proxy Battle

Hedge fund Ancora Holdings signed a labor pact with a Teamsters division, but the rail company says it…

Here’s What Baltimore’s Bridge Collapse Could Cost CSX and Norfolk Southern

The Class I rail operators could be staring down $25 million in lost sales per month, both companies said in…

Norfolk Southern to Pony Up $600 Million in East Palestine Settlement

Upon court approval, the agreement will resolve all class-action claims within a 20-mile radius from last…

Ancora Lays Out 3-Year Plan for Norfolk Southern Ahead of Board Vote

The activist investor wants to cut the rail company's operating ratio from 67.4 percent of revenue to 57…

Union Coalition: Replacing Norfolk Southern CEO Would be ‘A Tremendous Mistake’

Transportation Trades Department head Greg Regan says activist investor Ancora's short-term focus will hurt…

Norfolk Southern Train Derailment Puts More Pressure on Proxy Fight

"How can anyone defend this?" activist investor Ancora said of the wreck, which came 13 months after the…