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The Latest Breaking News from Norfolk Southern

Deal Dispatch: Del Taco Tanks, Tylenol Maker Aches For Change, Joyebells Burns The Pie

For the previous edition of Deal Dispatch, click here.

Benzinga

Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says

Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts

The Independent UK

Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger

Union Pacific Corp. (NYSE:UNP) is in early-stage discussions to acquire Norfolk Southern Corp. (NYSE:NSC), sources said Thursday, in what would amount to a major merger within the railroad industry.

Benzinga

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Confusion on sensor plane's abilities delayed response in Ohio train derailment, report says

A new report says a plane equipped with advanced sensors for deployment to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their chemicals after the 2023 East Palestine, Ohio, train derailment

The Independent UK

What Are Wall Street Analysts' Target Price for Norfolk Southern Stock?

Norfolk Southern has trailed the S&P 500 Index over the past year, but analysts are reasonably upbeat about the stock’s future prospects.

Barchart

Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts

Not long after a Norfolk Southern train derailed and caught fire in eastern Ohio in February 2023 the railroad started to repeat its promise that it would “make it right” in East Palestine

The Independent UK

Residents of New Orleans comeback district fear port development could kill the renaissance

Residents of the Lower Ninth Ward say a huge industrial project will imperil its recovery from 2005’s Hurricane Katrina

The Guardian - US

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Jury decides Norfolk Southern should pay for the $600 million settlement in 2023 Ohio derailment

The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million settlement Norfolk Southern agreed to with residents

The Independent UK

In East Palestine derailment trial, railroad and chemical maker agree on who pays residents

Norfolk Southern reached an agreement with one of the two companies it has been trying to force to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned

The Independent UK

Trial will determine who will pay $600 million settlement in disastrous Norfolk Southern derailment

Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned

The Independent UK

Lawsuits Filed Over 2023 East Palestine Train Derailment

Lawsuit filed over 2023 train derailment near Ohio-Pennsylvania border alleging deaths and health risks.

Top News

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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Barchart

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.

The Independent UK

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

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The Independent UK

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

Top News

Residents Near East Palestine Derailment Eligible For Personal Injury Payments

Residents affected by East Palestine derailment may still receive personal injury payments despite settlement appeal. Legal fees, fund allocation, and comm...

The Independent UK

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

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