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The Latest Breaking News from Norfolk Southern

Will Norfolk Southern claw back fired CEO Alan Shaw's pay?

Major companies have recently adopted measures to recoup pay from executives after misconduct or behavior that causes reputational harm.

Fortune

Norfolk Southern CEO Alan Shaw Replaced By CFO Over Workplace Misconduct

Finance chief Mark George will be the new president and chief executive, while Jason Zampi will serve as acting CFO.

International Business Times

Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with employee

Norfolk Southern fired CEO Alan Shaw for having an inappropriate relationship with a subordinate

The Independent UK

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Norfolk Southern CEO Under Investigation For Ethical Lapses

Norfolk Southern's CEO faces investigation for ethical lapses amidst challenges and activist investor pressure.

Top News

East Palestine Train Derailment Settlement Approval Expected Soon

Residents near East Palestine, Ohio, train derailment opt into 0 million settlement with concerns about compensation adequacy and contamination levels.

Top News

Fewer than 400 households reject $600 million Ohio train derailment settlement

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement despite reservations about whether the deal offers enough

The Independent UK

Norfolk Southern railroad says its CEO is under investigation for alleged ethical lapses

Norfolk Southern's board has confirmed that the railroad's CEO Alan Shaw is under investigation for potential ethical lapses

The Independent UK

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Norfolk Southern Confirms Probe of CEO's Conduct

They are looking into possible ethics violations by Alan Shaw

International Business Times

Norfolk Southern Stock: Is NSC Outperforming the Industrial Sector?

Although Norfolk Southern has outperformed relative to the Industrial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.

Barchart

Norfolk Southern CEO Alan Shaw Accused Of Inappropriate Workplace Relationship: Report

The Atlanta-based freight railroad's board of directors is investigating the allegations with the help of outside legal advisers

International Business Times

Do Wall Street Analysts Like Norfolk Southern Stock?

Norfolk Southern has lagged behind the broader market over the past year, and Wall Street analysts are cautiously optimistic about the stock's potential.

Barchart

Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Freight railroad BNSF is generally striving to improve safety on a consistent basis but that message doesn’t always reach front-line workers who often don’t feel comfortable reporting safety concerns for fear of being disciplined

The Independent UK

Residents In Ohio Seek More Time For Train Derailment Settlement

Residents in East Palestine, Ohio, must decide on a 0 million settlement with Norfolk Southern following a train derailment. Transparency issues, health...

Top News

East Palestine residents want more time and information before deciding to accept $600M settlement

Some East Palestine residents want more time and more information before they have to decide by a deadline this week whether to accept their share of a $600 million class-action settlement with Norfolk Southern over last year's disastrous train derailment

The Independent UK

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The Independent UK

Hidden report reveals how workers got sick while cleaning up Ohio derailment site

The creeks around East Palestine, Ohio, were so badly contaminated by last year’s disastrous Norfolk Southern derailment that some workers became sick during the cleanup

Top News

CSX Railroad's Second-Quarter Profit Slips 2% Despite Increased Shipments

CSX railroad's Q2 profit declined due to Baltimore bridge collapse, but revenue held steady. Cost-saving measures implemented. Safety regulations prioritized.

The Independent UK

Lawsuit says Norfolk Southern's freight trains cause chronic delays for Amtrak

The federal government alleges in a lawsuit against Norfolk Southern that the railroad has been causing chronic delays for Amtrak between New York and New Orleans by forcing the passenger trains to wait while its massive freight trains pass

Top News

Justice Department Files Lawsuit Against Norfolk Southern For Train Delays

Legal actions against Norfolk Southern for delaying Amtrak trains and hazardous chemical release in East Palestine.

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Al Jazeera

‘My children have been sick’: The toxic aftermath of a train derailment

Kristen Saloomey finds the US village of East Palestine grappling with health concerns following the 2023 disaster.

The Independent UK

EPA watchdog investigating delays in how the agency used sensor plane after fiery Ohio derailment

The EPA's internal watchdog will investigate why the agency didn’t get its specialized plane loaded with advanced sensors into the air over East Palestine until four days after the disastrous Norfolk Southern derailment last year

The Independent UK

Few residents opt out of $600 million class action settlement in East Palestine, Ohio, derailment

Lawyers say few people ultimately opted out of the $600 million class action settlement Norfolk Southern offered to people affected by last year's disastrous East Palestine train derailment despite the questions residents raised about the deal

The Independent UK

NTSB derailment investigation renews concerns about detectors, tank cars and Norfolk Southern

The National Transportation Safety Board’s daylong hearing on a 2023 Ohio train derailment near the Pennsylvania border is giving stakeholders plenty to think about

The Independent UK

Toxic chemical burn-off from Ohio train derailment was unnecessary, safety board rules

Residents of East Palestine, Ohio concerned about being exposed to toxic chemicals

The Guardian - US

Norfolk Southern wrongly burned chemicals after Ohio train derailment, agency says

National Transportation Safety Board faults railroad company and contractors with unnecessary pollution

Roll Call

NTSB says bad sensor, poor response worsened East Palestine wreck - Roll Call

A faulty alarm system helped cause the 2023 Norfolk Southern Corp. train derailment in East Palestine, Ohio, according to the NTSB.

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