The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.
With the statute of limitations to file suit against Norfolk Southern for damages inflicted by the 2023 train derailment and subsequent chemical release less than a week away, East Palestine Council announced the village and the railroad have reached a settlement.
Norfolk Southern and the Village of East Palestine have reached a $22 million settlement to resolve all claims by the village resulting from the Feb. 3, 2023, derailment and hazardous-materials release,
Shares of railroad operator Norfolk Southern (NSC) are chugging higher after the company reported earnings growth and said it was on track for
A final multi-million dollar settlement was reached in the toxic February 2023 trail derailment in Ohio, according to new information.
Norfolk Southern Corporation (NSC) reported fourth quarter income from railway operations of $1.1 billion, an increase of 40%,
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.
East Palestine and Norfolk Southern also announced that the company will no longer build a safety training center for first responders.
Nearly two years after a train derailment sent toxic chemicals into the air, ground and water, the village of East Palestine, Ohio, and Norfolk Southern reached
Norfolk Southern has suffered another derailment — although this one, thank goodness, was more an inconvenience than a disaster.
Norfolk Southern Corporation (NYSE:NSC) posted a mixed Q4 earnings report, with railway operating revenue down 2% year-over-year to $3.0 billion. Adjusting for the Eastern Ohio incident and restructuring and other costs,