ATLANTA — Norfolk Southern is back. That was the message CEO Mark George and the railroad’s executive team delivered on the fourth-quarter earnings call today (Jan. 29, 2025), where they emphasized how operational improvements helped NS meet or exceed the financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings. […]
EAST PALESTINE, Ohio — Norfolk Southern and the Village of East Palestine have reached a $22 million settlement to resolve all claims by the village resulting from the Feb. 3, 2023, derailment and hazardous-materials release, the two parties have announced. A joint statement on the East Palestine website says the village recognizes the approximately $13.5 […]
CSX today named former Surface Transportation Board Chair Ann Begeman to its board of directors. Separately, Norfolk Southern said it has appointed former Celanese CEO Lori J. Ryerkerk to its board, a move made after a search process that was a part of an agreement with activist investor Ancora Holdings. “Ann brings a wealth of […]
WASHINGTON — Norfolk Southern today asked a federal court to dismiss the Justice Department’s lawsuit over the railroad’s handling of Amtrak’s Crescent, arguing that the government’s “extreme” interpretation of passenger train right of preference doesn’t hold water. NS says the Justice Department “complaint depends on the idea that freight railroads must totally clear their tracks […]
SADIEVILLE, Ky. — Cleanup continues after 12 cars of a Norfolk Southern train derailed Thursday evening north of Lexington, Ky. WKYT-TV reports no injuries were reported. No cargo was spilled and no hazardous materials were involved. The Scott County Sheriff’s Office initially reported that State Route 32 would be closed because of the derailment, but […]
ATLANTA — Norfolk Southern has awarded more than $6 million to 408 organizations during 2024 as part of two grant programs launched in 2023, the railroad has announced. The Safety First grant program awarded $2.2 million to 184 organizations in 19 states. These awards are to enhance emergency response capabilities and promote community safety. The […]
SOUDERTON, Pa. — Norfolk Southern has awarded a $10,000 grant to the Railroad & Industrial Preservation Society Inc. for its restoration of the last intact diesel from the Lehigh & New England Railroad. The funds will be used to rehabilitate the traction motors of Alco S2 No. 611, built in September 1948 and operated by […]
For Norfolk Southern, 2024 was the second turbulent year in a row that the railroad probably would like to forget. As the year began, NS executives held private meetings with a Cleveland-based activist investor that sought seats on the company’s board and wanted the railroad to improve its lagging financial performance in the wake of […]
ASHEVILLE, N.C. — Norfolk Southern estimates its former Southern Railway line from Newport, Tenn., to Asheville, N.C., and east to Grovestone, N.C., will reopen by the end of March 2025, a revision of its initial estimate. In October, shortly after the line was severely damaged by Hurricane Helene, the railroad estimated service could be restored […]
ATLANTA — Norfolk Southern today named Ann A. Adams as its chief human resources officer, with responsibility for human resources and labor relations. In addition, PC Bryant has been named vice president of human resources. Adams joined Norfolk Southern in 2001 as a Manager in Human Resources. From there, she progressed through roles of increasing […]
ACCOMACK, Va. — If you’ve ever given any thought to how much a Class I railroad pays in taxes, consider this: A single county in Virginia owes Norfolk Southern more than $158,000 for a relatively small taxation error. The Eastern Shore Post reports that Accomack County, Va., will be sending NS a $158,713 refund for […]
WASHINGTON — CSX Transportation has appealed to the U.S. Supreme Court to continue its antitrust lawsuit against Norfolk Southern. CSX sued Norfolk Southern in October 2018, claiming its competitor conspired with Norfolk & Portsmouth Belt Line Railroad Co. to set an excessive “switch rate” on dock access to the Port of Virginia. CSX said the […]
