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The Latest Breaking News from Norfolk Southern

Lawsuit blames deaths on 2023 train derailment in Ohio as JD Vance visits

A new lawsuit alleges for the first time that people died because of the disastrous 2023 East Palestine train derailment

The Independent UK

Norfolk Southern and East Palestine announce $22 million settlement after 2023 derailment

The Village of East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from a disastrous train derailment near the Ohio-Pennsylvania border in 2023

The Independent UK

Residents ordered to pay $850,000 bond to appeal Ohio derailment settlement vow not to give up

The residents who question whether Norfolk Southern's $600 million settlement offers enough compensation for the East Palestine train crash don't plan to let a judge's order requiring an $850,000 bond derail their appeal

The Independent UK

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Earnings Preview: What To Expect From Norfolk Southern's Report

Norfolk Southern is gearing up to release its fourth-quarter earnings later this month and analysts expect a mid-single-digit growth in earnings.

Barchart

How Is Norfolk Southern's Stock Performance Compared to Other Transportation Stocks?

Norfolk Southern has trailed the broader transportation sector over the past three months, with analysts offering a cautiously optimistic outlook on its growth potential.

Barchart

Norfolk Southern Stock: Analyst Estimates & Ratings

Norfolk Southern has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Flurry of contract deals come as railroads, unions see Trump's election looming over talks

The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago

The Independent UK

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Norfolk Southern sparks safety concerns after telling employees to take no more than a minute inspecting cars

Last year, a Norfolk Southern train derailed, spilled hazardous chemicals and caught fire in East Palestine, Ohio.

The Independent UK

Norfolk Southern rule that railcars be inspected in less than a minute sparks safety concerns

Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car

The Independent UK

Federal Government Allocates .4 Billion For Railroad Projects Nationwide

Federal Railroad Administration grants .4 billion for 122 rail projects nationwide, focusing on infrastructure, safety, and efficiency.

Top News

Some East Palestine derailment settlement payments should go out even during appeal of the deal

People who lived near the disastrous East Palestine train derailment last year should still be able to receive personal injury payments even while the bulk of their $600 million class action settlement with Norfolk Southern railroad remains on hold during an appeal

The Independent UK

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Barchart

Norfolk Southern's Quarterly Earnings Preview: What You Need to Know

Norfolk Southern will release its third-quarter earnings this month, and analysts anticipate a double-digit bottom-line growth.

Salon

Lingering toxins from train crash

Here’s what our investigation found in East Palestine

Salon

Dockworkers score big labor victory

Shipping strike ends rapidly — with big wage increase — after Biden and Harris stand with union workers

Investors Business Daily

East Coast Port Strike Threatens Economy. But These Stocks May Benefit.

An East Coast port strike began Tuesday, racking up estimated economic costs of $5 billion per day. Here are the stocks analysts are watching.

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The Conversation

Toxic chemicals from Ohio train derailment lingered in buildings for months – here’s what our investigation found in East Palestine

On Feb. 3, 2023, a train carrying chemicals jumped the tracks in East Palestine, Ohio, rupturing railcars filled with hazardous materials and fueling chemical fires at the foothills of the Appalachian Mountains.

The Independent UK

Appeal delays $600 million class action settlement payments in fiery Ohio derailment

Settlement checks related to Norfolk Southern’s disastrous 2023 derailment could be delayed up to two years now because an appeal of a federal judge’s decision last week to approve the $600 million deal has been filed

Top News

0 Million Settlement Approved For Ohio Derailment Victims

Federal judge approves 0 million settlement for residents near East Palestine derailment, with payments to start soon. Railroad offers assistance and cl...

The Independent UK

EPA data make it hard to know the extent of the contamination from last year's Ohio derailment

The way the Environmental Protection Agency has reported its test results since the disastrous East Palestine, Ohio, train derailment last year makes it hard for residents to know the full extent of the contamination they have been exposed to that they worry could increase their risk of cancer

The Independent UK

Regulators warn of risks of long trains after increase in derailments

The report follows the Norfolk Southern derailment in East Palestine, Ohio in which hazardous chemicals burned for days

Fortune

Will Norfolk Southern claw back fired CEO Alan Shaw's pay?

Major companies have recently adopted measures to recoup pay from executives after misconduct or behavior that causes reputational harm.

International Business Times

Norfolk Southern CEO Alan Shaw Replaced By CFO Over Workplace Misconduct

Finance chief Mark George will be the new president and chief executive, while Jason Zampi will serve as acting CFO.

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