March 27, 2024 | Derailment, Headlines, NS, NTSB
(Source: Trains.com, March 26, 2024) The National Transportation Safety Board is looking at Norfolk Southern rules, procedures, and crew training relating to train handling as it continues its investigation into the collision and derailment involving three trains that...
March 27, 2024 | Headlines, NS, PSR
(Source: Freight Waves, March 25, 2024) Norfolk Southern has set May 9 as the date for its annual meeting, when an insurgent campaign to put outside directors on the company’s board and a new CEO in place will come to a head. Full story: Freight...
March 27, 2024 | Headlines, NS, PSR
(Source: Trains.com, March 21, 2024) Norfolk Southern’s decision to hire a chief operating officer with Precision Scheduled Railroading expertise increases the likelihood that the embattled railroad will reach a settlement with activist investor Ancora Holdings, Wall...
March 20, 2024 | Headlines, NS, PSR
(Source: Trains.com, March 19, 2024) Amid a proxy fight with an activist investor, Norfolk Southern on Wednesday will name Canadian Pacific Kansas City executive John Orr as its chief operating officer, Trains News Wire has learned. Orr brings a Precision Scheduled...
March 18, 2024 | Headlines, NS, PSR, STB, UP
(Source: Progressive Railroading, March 15, 2024) The Surface Transportation Board yesterday announced that it denied Union Pacific Railroad’s request to keep certain required, temporary employment-data reporting confidential. Meanwhile, Ancora Holdings Group LLC...
March 16, 2024 | Headlines, NS, PSR
(Source: Trains.com analysis by Bill Stephens, March 14, 2024) Ancora Holdings, the activist investor leading a proxy fight against Norfolk Southern, says it’s taking the high road and conducting a fact-based campaign to oust the railroad’s management. The reality is...
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...
