Plans to improve seen as still leaving East Coast-focused railroad trailing Class 1 peers By John Kingston for freightwaves.com Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. To continue reading…
The railroad, BLET, and SMART-TD will begin a one-year pilot program designed to improve safety By Bill Stephens for trains.com Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a […]
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A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly a year ago has cost the railroad $1.1 billion so far. By Mike Gauntner for wfmj.com A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly […]