April 27, 2023 | Derailment, East Palestine-NS, Headlines, NS, Quarterly Income
(Source: Freight Waves, April 26, 2023) Norfolk Southern officials are hoping for service improvements in the second half of 2023 following a first half marred by a number of prominent train derailments, most notably the February derailment in East Palestine, Ohio, of...
April 27, 2023 | Headlines, Technology
(Source: Associated Press, April 27, 2023) Every day, locomotives pull rail cars filled with food, lumber, oil and other products through railyards near neighborhoods in Oakland, Commerce, San Bernardino and other California cities. They run on diesel, a more powerful...
April 26, 2023 | Derailment, East Palestine-NS, Headlines, NS
(Source: Editorial in the Columbus Dispatch, April 23, 2023) The nation’s attention has waned, but the needs of the people impacted by the derailment persists. So has the call to strengthen regulations to prevent other tragedies as trains get bigger and longer...
April 26, 2023 | Derailment, East Palestine-NS, Headlines, NS, Quarterly Income
(Source: CNN, April 26, 2023) Norfolk Southern said a February derailment that released massive amounts of toxic chemicals in East Palestine, Ohio, cost the railroad $387 million. That dragged profit lower by about a third. The Atlanta-based company reported it earned...
April 26, 2023 | CN, Headlines, Quarterly Income
(Source: Yahoo Finance, April 25, 2023) Canadian National Railway Co. said the flow of consumer goods across its network is slowing down to the point that executives now believe North America is in a “mild recession.” Full story: Yahoo Finance
