Class 1

Norfolk Southern

Norfolk Southern Names Joe Carpenter Vice President Law

ATLANTA –– Norfolk Southern Corporation announced the appointment this week of Joseph H. Carpenter IV as Vice President Law. Carpenter brings more than 22 years of experience in the rail industry, with expertise in managing complex litigation and driving strategic legal initiatives.

STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast

CALGARY, Alberta and JACKSONVILLE, Fla. – Canadian Pacific Kansas City, CSX Corporation (CSX) and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX’s and CPKC’s respective applications regarding their acquisition of the rail lines operated by G&W’s Meridian & Bigbee Railroad, L.L.C. (MNBR), which will result in the creation of a new direct CPKC-CSX interchange connection in Alabama.

NS Fires Shaw, Nag; Names George CEO (Updated with Commentary and Analysis)

ATLANTA –– Less than a week after a still-unknown person or persons at Norfolk Southern contacted CNBC and other media outlets alleging that President and CEO Alan H. Shaw was engaging in an “inappropriate workplace relationship” with another employee—setting off an internal investigation—the NS Board of Directors fired him and the company’s Executive Vice President Corporate Affairs, Chief Legal Officer and Corporate Secretary Nabanita C. Nag.