Norfolk Southern News Updates
Lawsuit Blames Deaths on 2023 Train Derailment in Ohio
EAST PALESTINE, Ohio — A lawsuit alleging for the first time that people died because of the 2023 East Palestine train derailment was filed ahead of the second anniversary of the toxic crash.
Norfolk Southern CEO Optimistic About 2025
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
Norfolk Southern, East Palestine Reach $22M Settlement
EAST PALESTINE, Ohio — The Village of East Palestine and Norfolk Southern announced a $22 million settlement resolving the village’s claims arising from a 2023 train derailment.
January 28, 2025Ohio Residents Appealing Derailment Settlement Not Giving Up
Residents challenging Norfolk Southern’s $600 million settlement for the Ohio train crash have asked a court to reject a judge’s order requiring them to put up a bond to continue their appeal.
Norfolk Southern to Add Board Member in Truce With Ancora
Norfolk Southern announced it will add an independent director to its board as part of a settlement with activist investor Ancora.
Norfolk Southern’s One-Minute Inspection Rule Sparks Concern
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.
Norfolk Southern Tops Third-Quarter Expectations
Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.
Judge Approves $600M Settlement for East Palestine Residents
A federal judge approved a $600 million class-action settlement that Norfolk Southern railroad offered to everyone who lived within 20 miles of last year’s derailment in East Palestine, Ohio.
New Norfolk Southern CEO Calls Last 18 Months ‘Brutal’
Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.
Norfolk Southern Fires CEO Alan Shaw
Norfolk Southern said Sept. 11 it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.