Norfolk Southern Corporation has reached an agreement on a consent decree with the U.S. Department of Justice, U.S. Environmental Protection Agency and U.S. Department of the Interior to resolve federal claims and investigations arising from the derailment in East Palestine, Ohio.
With train length and the number of long trains increasing, the Federal Railroad Administration finalized three reports on the safety and performance of long trains. FRA recently sent these reports to the National Academy of Sciences to inform an ongoing NAS study mandated by Congress in President Biden’s Bipartisan Infrastructure Law to look at the impact of trains longer than 7,500 feet.
Norfolk Southern Corporation said the preliminary vote count of its proxy solicitor indicates that its shareholders have voted to elect 10 of Norfolk Southern’s director nominees at the 2024 Annual Meeting of Shareholders.
Railmark Industrial Railway Inc., a wholly owned subsidiary of Railmark Holdings, Inc., has been named the new operator and developer for the 11-mile industrial rail line in Tishomingo County, Mississippi.
Norfolk Southern’s second Digital Train Inspection (DTI) Portal has been deployed this month in Jackson, Georgia, where roughly 19 trains pass through daily.
Norfolk Southern Corp. said it has reached a $600 million agreement in principle to resolve a consolidated class action lawsuit relating to the East Palestine derailment.
Canadian Pacific Kansas City announced the departure of Executive Vice President and Chief Transformation Officer John Orr, who joined Norfolk Southern as executive vice president and chief operating officer, effective immediately.
The head of the National Transportation Safety Board said Wednesday the controlled chemical explosion following the East Palestine, Ohio train derailment more than a year ago was unnecessary.
Ancora Holdings Group LLC has nominated eight candidates to stand for election to the Norfolk Southern Board of Directors at the company’s 2024 Annual Meeting of Shareholders, saying the company “has suffered for years due to its Board’s poor decisions with regard to the Company’s leadership, safety priorities and strategy.”