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Report: Activist investor group eyes Norfolk Southern

(Source: Trains.com, January 31, 2024) An activist investor group has taken a $1 billion stake in Norfolk Southern and aims to wrest control of the company’s board and oust CEO Alan Shaw, according to a report in The Wall Street Journal this evening. Full story:...

STB seeks answers for delay on Gulf Coast settlement

(Source: Trains.com, January 19, 2024) The Surface Transportation Board has called for Amtrak, CSX, Norfolk Southern, and the Port of Mobile, Ala., to provide “detailed information regarding the status of the implementation of the settlement agreement” agreed to in...