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, 2024Railroads Challenging New Ohio Minimum Staffing Law
COLUMBUS, Ohio — A federal judge could soon rule on an industry challenge of a state railroad safety law passed in the wake of the East Palestine, Ohio, derailment in 2023.
Norfolk Southern Piloting Anonymous Employee Safety Hotline
OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.
Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising
Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.
Senate Panel OKs Rail Safety Bill In Wake of Ohio Derailment
Congressional transportation policymakers are considering legislation meant to enhance safety and efficiency operations along freight rail corridors.
Norfolk Southern Near Ready to Reopen Some Tracks in Ohio
Norfolk Southern says it has completed excavation of the impacted soil underneath the south track at the site of the East Palestine train derailment and will finish restoration of the track in the coming days.
Railroads Warned About Car Flaw That Could Cause Derailments
OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.
Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion
Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.
Norfolk Southern Posts Increase in Earnings, Revenue for Q2
Norfolk Southern Corp. saw increases in profit and revenue in the second quarter, the Class I railroad reported July 28.
Norfolk Southern Sets 3Q Record for Net Income
Norfolk Southern Corp. joined the list of freight rail carriers reporting record financial results for the third quarter.