The train caught fire and released more than a million gallons of hazardous materials and pollutants, sparking concerns abut US rail safety.
If approved by the court, the agreement will resolve all class-action claims within a 20-mile radius from the East Palestine derailment in February 2023.
Company says settlement will resolve all class action claims within 20-mile radius from February 2023 derailment
Norfolk Southern will pay $600 million to settle a class-action lawsuit related to last year's train derailment in East Palestine, Ohio, the company announced Tuesday, following complaints from reside
In February 2023, a Norfolk Southern train derailed in East Palestine, Ohio, that released vinyl chloride into the environment.
Ancora's two-month fight with Norfolk Southern took another turn on Friday, when the firm publicized allegations of past misconduct on behalf of the new COO.
ATLANTA , April 5, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its first quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m
Norfolk Southern's (NSC) dedication to rewarding shareholders despite challenges is commendable. However, declining revenues, a worsening operating ratio and elevated labor costs are major headwinds.
By purchasing the GLR property in Chicago, Norfolk Southern (NSC) aims to enhance freight transportation services and access to new markets.
As experts weigh the impact of the Francis Scott Key Bridge collapse in Baltimore, CSX Corp. is the most affected among major North American railroad operators, according to analysts.
Norfolk Southern Corp. has urged shareholders to get behind the company's management team to fight an activist investor's takeover bid and its calls for the ouster of the railroad operator's CEO, Alan
'Mad Money' host Jim Cramer sits down with Norfolk Southern CEO Alan Shaw to discuss the ongoing proxy battle led by Ancora Holdings.
The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life. The accident has disrupted major supply chains, particularly in maritime transportati
Norfolk Southern (NSC) announces the appointment of John Orr as its executive vice president and chief operating officer.
Revenue woes, a declining operating ratio and rising labor costs pose challenges for Norfolk Southern (NSC).
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