An activist investor group has taken a $1 billion stake in Norfolk Southern and aims to wrest control of the company’s board and oust CEO Alan Shaw, according to a report in The Wall Street Journal this evening. The investor group, led by Cleveland-based Ancora Holdings, has nominated a slate of directors that includes former […]
Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a joint statement today. “NS is proud to partner with our labor leaders and FRA to make another industry-leading advancement in […]
ATLANTA — Norfolk Southern told employees today that it will eliminate 7% of its management and staff positions as a cost-cutting move. The railroad is set to publicly announce the cutbacks during its fourth-quarter earnings call on Friday morning. NS is offering voluntary severance packages to eligible employees, according to people familiar with the matter. […]
ATLANTA — Norfolk Southern partnered with 62 customers to complete industrial development projects worth $3.1 billion last year, the railroad said. “Norfolk Southern worked with customers and economic development partners to facilitate broad-based industrial development in 2023 and set the stage for growth in 2024,” NS Chief Marketing Officer Ed Elkins said in a statement […]
ATLANTA — Norfolk Southern on Thursday released its inaugural Climate Transition Plan, which calls for significant improvements in fuel efficiency and increased use of renewable energy and biofuels. “Reducing the environmental impact of our operations is driven by our commitment to a cleaner and better planet for our employees, our customers, and our communities for […]
Norfolk Southern’s Bristol Line, departing from the mainline at Walton, Virginia, west to Bristol is a vital cog in the Class One railroad’s system. Originally, the Norfolk & Western mainline routed from the coast at Norfolk to a connection with the Southern Railway at Bristol. These days the route handles a lot of freight moving […]
ATLANTA — Norfolk Southern is installing Wabtec’s Yard Planner system at Norris Yard in Irondale, Ala., as part of an effort to improve the hump yard’s efficiency and make service more consistent. “Norfolk Southern is the first Class I railroad to implement Yard Planner and we are already seeing greater consistency of car movement,” Joe […]
CHICAGO — One person was killed when a train struck a truck in a Norfolk Southern intermodal facility in Chicago’s Fuller Park neighborhood today (Monday, Nov. 20), the Chicago Tribune reports. The Chicago Fire Department reported the truck was stopped on tracks within the NS facility at 350 West Garfield Boulevard when it was struck […]
ATLANTA — Norfolk Southern will install more than a dozen digital train inspection portals across its network by the end of 2024 as part of its drive to improve safety. The first portal – developed by NS and the Georgia Tech Research Institution – was activated Sept. 25 on the Fort Wayne Line in Leetonia, […]
EAST PALESTINE, Ohio — The last loads of contaminated soil have been removed from the site of February’s East Palestine derailment, according to local news reports. WKBN-TV reports the final excavation at the derailment site was completed Sunday evening. More than 175,000 tons of soil have been removed from the site, with Bob Scoble, Norfolk […]
When Norfolk Southern CEO Alan Shaw outlined the railroad’s long-term growth strategy in December, he couldn’t have been more clear: Keeping train crews on the payroll during freight downturns would hurt the operating ratio over the short term. But not furloughing crews would pay off over the long term by enabling NS to maintain service […]
WASHINGTON — Norfolk Southern has asked federal regulators to suspend review of the Canadian Pacific Kansas City and CSX Transportation proposal to create a new through route linking the Southeast and Mexico via Myrtlewood, Ala. Earlier this month CPKC and CSX filed separate applications seeking Surface Transportation Board approval to acquire and operate Genesee & […]
