March 8, 2024 | East Palestine-NS, Headlines, NS
(Source: Associated Press, March 7, 2024) Norfolk Southern alone will be responsible for paying for the cleanup after last year’s fiery train derailment in eastern Ohio, a federal judge ruled. The decision issued March 6 threw out the railroad’s claim that the...
March 4, 2024 | Derailment, Headlines, NS, NTSB
(Source: Lehigh Valley News, March 3, 2024) Investigators with the National Transportation Safety Board continued work Sunday to determine why three freight trains collided and derailed near Steel City on March 2. Shortly after 7 a.m. Saturday, an eastbound freight...
March 4, 2024 | BNSF, Furloughs, Headlines, NS, PSR, Railroad Safety, STB
(Source: Associated Press, March 1, 2024) The latest rail layoffs this week, combined with an investment fund’s ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about the effects all the cuts might have on safety and...
March 1, 2024 | Headlines, NS, PSR
(Source: Trains.com analysis by Bill Stephens, February 27, 2024) The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of...
March 1, 2024 | Headlines, NS, PSR, STB
(Source: Trains.com, February 29, 2024) The activist investors targeting Norfolk Southern pose a threat to the railroad industry and the U.S. economy and may prompt new regulations, outgoing Surface Transportation Board Chairman Martin J. Oberman told a shipper...
March 1, 2024 | Headlines, NS, PSR
(Source: Trains.com, February 29, 2024) Norfolk Southern CEO Alan Shaw, who has been a punching bag for the activist investors who are trying to oust him, defended the railroad’s growth strategy at a shipper conference today. Full story: Trains.com
February 29, 2024 | East Palestine-NS, News, NS, PSR
The BLET General Chairmen who represent members at Norfolk Southern (NS) have taken the side of current railroad leadership as hedge fund Ancora Holdings attempts to take over the company and double-down on Precision Scheduled Railroading. Earlier this month,...
February 29, 2024 | Headlines, NS, PSR
(Source: Associated Press, February 27, 2024) The BLET’s three General Chairmen who represent members at Norfolk Southern have issued a statement supporting the current management team at NS in the railroad’s looming proxy battle with activist investor Ancora...
February 29, 2024 | Headlines, NS, PSR, STB
(Source: Progressive Railroading, February 26, 2024) Surface Transportation Board Chairman Martin Oberman is concerned about the potential of activist investors succeeding in their effort to replace Norfolk Southern Corp.’s top leadership in favor of a...
February 29, 2024 | Fatality, Headlines, NS, NTSB
(Source: Trains.com, February 28, 2024) BLET Division 423 member Chris Wilson suffered fatal injuries when his Norfolk Southern locomotive was struck by a group of 35 railcars rolling on an adjacent track, the National Transportation Safety Board said in a preliminary...