Update: Norfolk Southern to Pay $600M Settlement Over Derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.
April 11, 2024FedEx Opposes CP-Norfolk Southern Merger, Adding to Backlash Against Deal
FedEx Corp. told U.S. rail regulators that it is against Canadian Pacific Railway Ltd.’s proposed merger with Norfolk Southern Corp., adding to a long list of shippers opposing the deal.
March 3, 2016CP Sweetens Purchase Offer for Rival Norfolk Southern
Canadian Pacific Railway Ltd.’s battle to acquire Norfolk Southern Corp., which was sweetened by at least 10% on Dec. 16, definitely will extend into 2016 as the potential buyer pledged a proxy fight would start by February unless there was a peaceable agreement beforehand.
December 21, 2015Norfolk Southern Fourth-Quarter Profit Rises
Norfolk Southern Corp. said its fourth-quarter profit increased 24%, and income from railway operations rose 23% to $881 million.
January 22, 2014Norfolk Southern Releases Strategy to Reduce Greenhouse-Gas Emissions
Norfolk Southern Corp. released its business strategy for reducing greenhouse-gas emissions in an annual public filing with the not-for-profit Carbon Disclosure Project.
August 12, 2013Norfolk Southern’s Profit Drops
Norfolk Southern Corp. said its second-quarter profit dropped 11%, and income from railway operations fell 10% to $836 million.
July 24, 2013Norfolk Southern’s 3Q Profit Drops
Norfolk Southern Corp. said its third-quarter profit dropped 27%, and income from railway operations fell 22% to $731 million.
October 24, 2012Norfolk Southern Sees Lower 3Q Income
Norfolk Southern Corp. said its third-quarter net income will be below a year ago on lower revenue from coal, general merchandise and fuel surcharges.
September 20, 2012