"It can't just be a slap on the wrist for powerful railroads. They've got to respect us in a real way," U.S. Rep. Chris Deluzio said on Wednesday in Tarentum.
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.
Democrat U.S. Rep. Chris Deluzio is hoping he can convince President Donald Trump and a Republican-controlled Congress to support his renewed push for railroad safety. Deluzio, of Beaver County, is reintroducing his Railway Safety Act,
A Norfolk Southern train derailment in East Palestine, Ohio, spilled chemicals, sickening residents. Now researchers are tracking the long-term health effects.
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.
East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from the disastrous 2023 train derailment near the Ohio-Pennsylvania border th
EAST PALESTINE, Ohio (AP) — 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 2023 train derailment near the Ohio-Pennsylvania border.
In the fourth quarter, the railroad reported an adjusted operating income increase of 11% to $1.06 billion, even as revenues saw a slight decline of 2% to $3.02 billion. The rail earned $3.04 per share, beating the Wall Street consensus by a dime.These figures underscore the company’s effective cost management and operational efficiencies.
Norfolk Southern has suffered another derailment — although this one, thank goodness, was more an inconvenience than a disaster. Monday morning, at the company’s rail yard near Portsmouth, eight train cars carrying several thousand pounds of soybeans derailed.
The 40% improvement in operating earnings comes as the railroad settled a key claim over a 2023 Ohio derailment.