ATLANTA — With longshoremen and port operators still unable to come to terms for a new labor agreement at East Coast ports, Norfolk Southern is recommending alternative origins for West Coast-destined international intermodal that normally flows into the eastern seaboard. NS outlined its recommended service Thursday, making use of its inland intermodal terminals to originate […]
Railroad: Norfolk Southern
NTSB: Improper train build and outdated locomotive couplers likely caused NS derailment in Alabama
WASHINGTON – A combination of excessive in-train forces and the pairing of dead-in-tow locomotives that lacked alignment control couplers was the probable cause of a 2023 Norfolk Southern derailment in Alabama, the National Transportation Safety Board said today. Two locomotives and 37 cars derailed in the March 9 wreck on the Alabama East End District […]
Railroads prepare for tropical storm threat in Southeast (updated)
TAMPA, Fla. — After an unusual lull in hurricane activity in August and September, railroads are monitoring a new tropical disturbance that will make landfall around Tallahassee, Fla., on Thursday, Sept. 26, likely as a Category 2 or 3 hurricane. “CSX is closely monitoring Tropical Storm Helene, which is projected to intensify to hurricane strength […]
Norfolk Southern names new chief financial officer, chief legal officer
ATLANTA — Norfolk Southern has named Jason A. Zampi as chief financial officer and treasurer and Jason M. Morris as chief legal officer and corporate secretary, the company announced Tuesday. Zampi, who also becomes an executive vice president, has been at Norfolk Southern for 13 years in roles in forecasting, budgeting, and corporate accounting. Previously, […]
UP explains absence from early contract agreements with organized labor
DALLAS – As BNSF Railway, CSX, and Norfolk Southern continue to sign tentative contract agreements with their labor unions well in advance of the start of national negotiations, one U.S. Class I railroad has been conspicuously absent: Union Pacific. UP executives explained today that – unlike the other railroads – they’re seeking to modernize work […]
Analysis: What a work stoppage at East, Gulf coast ports means for CSX, NS
Class I railroads’ intermodal volumes have been strong this year, but the growing threat of an East Coast ports work stoppage risks upending supply chains just as the freight industry was normalizing. East Coast Class I railroads CSX and Norfolk Southern are keeping an eye on the potential for a widespread strike at […]
New Norfolk Southern CEO Mark George prioritizes operational excellence
LAGUNA BEACH, Calif. – Norfolk Southern, which has struggled to maintain consistent and reliable service in recent years, will no longer tolerate mediocre operational performance, new CEO Mark George says. “The tolerance for poor performance inside of rails has always bothered me,” George said this morning in his first public remarks since replacing Alan Shaw […]
Norfolk Southern brass seek to reassure employees after sudden firing of CEO
ATLANTA – Norfolk Southern sought to reassure employees that the railroad is in good hands after this week’s firing of CEO Alan Shaw and Chief Legal Officer Nabanita Nag, who were engaged in a consensual relationship in violation of the company’s ethics policy. “While we are deeply troubled to learn of this situation, I am […]
Norfolk Southern dismisses CEO Alan Shaw, promotes Chief Financial Officer Mark George to president and chief executive
ATLANTA – Norfolk Southern today terminated the contracts of embattled CEO Alan Shaw and the railroad’s chief legal officer, Nabanita Nag, for having a consensual relationship in violation of company policy. The NS board unanimously named Chief Financial Officer Mark George as president and chief executive officer, effective immediately, the railroad announced Wednesday evening. George […]
Norfolk Southern confirms investigation of alleged CEO misconduct (updated)
ATLANTA – Norfolk Southern confirmed late Sunday night that its board has opened an investigation into allegations of conduct by CEO Alan Shaw that is “inconsistent with the company’s Code of Ethics and company policy.” The Wall Street Journal reported this afternoon that Shaw is expected to leave the company by the end of the […]
Report: Norfolk Southern board probing CEO over allegations of inappropriate relationship
ATLANTA – The Norfolk Southern board of directors is investigating allegations that CEO Alan Shaw had an inappropriate workplace relationship, CNBC reported today, citing three unnamed people said to be familiar with the matter. The investigation is in its early stages, the network reported, and it is possible that no misconduct may be uncovered. Norfolk […]
CSX may have nation’s second largest coal franchise by volume, revenue by end of year: Analysis
CHARLESTON, W.Va. — CSX Transportation is on pace to have the second largest coal franchise by revenue and volume among its Class I peers by the end of 2024, surpassing Union Pacific, and trailing only BNSF Railway. CSX moved 367,000 carloads through the second quarter compared to UP’s 335,000 carloads, as the Omaha-based railroad’s coal […]