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Norfolk Southern’s first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.
Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, even after the company’s railroad was involved in a financially and ecologically disastrous derailment in East ...
A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are ...
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Norfolk Southern said that both people were fired. The company said earlier this month it had started investigating Shaw for violating unspecified company policy. Shaw's departure comes just over ...
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Norfolk Southern's predecessor railroads date to the early 19th century. The South Carolina Canal & Rail Road was the SOU's earliest predecessor line. Chartered in 1827, the South Carolina Canal & Rail Road Company became the first to offer regularly scheduled passenger train service with the inaugural run of the Best Friend of Charleston in 1830. [18]
The New Castle District is a railroad line owned and operated by the Norfolk Southern Railway in the U.S. states of Ohio and Indiana.The line runs from Evendale northwest and north to Fort Wayne, Indiana along former Pennsylvania Railroad and New York, Chicago and St. Louis Railroad (Nickel Plate) lines.