The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.
Norfolk Southern Corp. will pay $22 million to East Palestine, Ohio, to settle claims related to a train derailment there in early 2023.
Norfolk Southern CEO Mark George said the company is turning the corner into 2025 with “strong” financial results that make him optimistic about the future.
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they're getting from Washington D.C. — has the CEO feeling optimistic about 2025.
EAST PALESTINE, OHIO — Norfolk Southern and East Palestine reached a settlement over the February 2023 derailment that sent toxic chemicals into the area's air, soil and creeks, the village said.
Shares of railroad operator Norfolk Southern (NSC) are chugging higher after the company reported earnings growth and said it was on track for
ATLANTA – Norfolk Southern is back. That was the message CEO Mark George and the railroad’s executive team delivered on this morning’s fourth-quarter earnings call, where they emphasized how operational improvements helped NS meet or exceed the financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
The Village of East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from a disastrous train derailment near the Ohio-Pennsylvania b
Residents challenging Norfolk Southern's $600 million settlement for the disastrous East Palestine train crash ... The freight train derailment in the Ohio village near the Pennsylvania state ...
A former Canfield property owner became the latest to file a lawsuit against Norfolk Southern over the Feb. 3, 2023 train derailment and chemical incident, seeking more than $1 million in damages. Howard Perlmuter and the Howard Ernest Perlmuter Family Trust,
Vice President JD Vance will visit East Palestine, Ohio, for the second anniversary of the derailment, showing deference to rural America.
It has been just over two years since a freight train derailment in the village in East Palestine near the Pennsylvania line.