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Norfolk Southern operates in 22 states and is valued at more than $57 billion. As of midday Monday, its shares were up $3.50, or 1.4%, at $253.50. Over the last 18 months, Shaw has faced pressure ...
Norfolk Southern has reached a $600 million settlement that, if approved by a court, will resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that ...
Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the ...
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In addition to the settlement, Norfolk Southern said it has spent $104 million in community assistance to East Palestine and the surrounding areas, $4.3 million to help upgrade the drinking water ...
Norfolk Southern CEO Alan Shaw, at center, prepares to speak at the Senate hearing on improving rail safety in response to the East Palestine, Ohio train Derailment on, March 22, 2023.
The line from Lamberts Point to Canal Drive, Norfolk was separated from the Norfolk District and became a new rail line called Norfolk Terminal. The Norfolk District is part of the Lamberts Point to Roanoke rail corridor. At one time the line's original name was restored as a timetable name and the line was grouped with the Norfolk Terminal in ...
WASHINGTON (Reuters) -U.S. railroad operator Norfolk Southern has agreed to pay $600 million to settle a class action lawsuit over a February 2023 East Palestine, Ohio train derailment that ...