Norfolk Southern Corporation has launched what it said is a first-of-its-kind solution enabling customers to reduce emissions from their freight rail shipments.
A trial will determine how much Norfolk Southern, GATX and OxyVinyls will pay toward a $600 million settlement related to the Feb. 3, 2023, Norfolk Southern Railway toxic derailment in East Palestine, Ohio.
Two years to the day after a Norfolk Southern train derailed in East Palestine, Ohio, causing a toxic chemical burn and concerns over two states, more lawsuits have been filed.
Norfolk Southern Corporation’s fourth quarter revenue was $3 billion, with $1.1 billion in income from railway operations, an operating ratio of 62.6% and diluted earnings per share of $3.23.
Port of Savannah officials said the port is up to eight days faster for India cargo moving to inland markets such as Atlanta, Chicago and Dallas than West Coast ports.
With a $204 million federal grant, Columbia will be able to move forward with a major project meant to relieve congestion caused by passing trains, officials announced Friday.
Norfolk Southern Corporation has named Felismina “Mina” De Oliveira vice president of enterprise resources, reporting directly to Chief Operating Officer John Orr.