NS Deploys Second DTI Portal
From our colleagues at Railway Age.
From our colleagues at Railway Age.
Norfolk Southern President and CEO Alan Shaw and Executive Vice President and Chief Operating Officer John Orr discuss their joint strategy and vision for improving service and safety and enabling business growth with Railway Age Editor-in-Chief William C. Vantuono.
ATLANTA –– Norfolk Southern Corporation announced Tuesday that it has reached a $600 million agreement in principle to resolve a consolidated class action lawsuit relating to the East Palestine derailment. If approved by the court, the agreement will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, personal injury claims within a 10-mile radius from the derailment.
WHITEHOUSE STATION, N.J. – After a 4.8 earthquake, Amtrak implements speed restrictions and performs track inspections. CSX inspected bridges and related structures.
COLUMBUS, Ohio – PUCO approved almost $3 million in grade crossing upgrades in Circleville, Ohio. Norfolk Southern will complete said upgrades.
ATLANTA – For a Norfolk Southern line between Macon and Atlanta, the Class I receives a $8.4 million grant from the Georgia Department of Transportation.
ATLANTA – Railway Track & Structures, April 2024 Issue: RT&S recognizes 10 individuals under 40 years old for their contributions to rail engineering.
BALTIMORE – The tragic early morning collapse of the I-695 Francis Scott Key Bridge, which spans the Patapsco River, following a bridge strike by a container ship weighing 95,000 gross tons, has brought the Port of Baltimore, an important trade hub, to a halt. The Port of Baltimore has suspended all vessel traffic into and out of the port until further notice. The accident is a serious blow to the port operations of both CSX and Norfolk Southern, particularly for intermodal container, automotive and coal traffic.
COLUMBUS, Ohio – Norfolk Southern will install lights and gates at Putnam Street grade crossing in East Liverpool by March 2025.
ATLANTA –– Norfolk Southern Corporation (NYSE: NSC) announced Wednesday the appointment of John Orr as executive vice president and chief operating officer, effective immediately.
ATLANTA –– Norfolk Southern Corporation (NYSE: NSC) announced last week that it has appointed Betsy Talton-Buck as vice president and chief communications officer, and Angie Kolar as vice president and chief compliance officer.
ALBANY, N.Y. – The $111.1 million investment comes from New York’s Passenger and Freight Rail Assistance Program (PFRAP) and will go toward 38 projects.
Norfolk Southern Executive Vice President and Chief Marketing Officer Ed Elkins began his railroad career at Norfolk Southern in 1988 as a Road Brakeman after serving in the United States Marine Corps. Appointed CMO in 2021, he leads the company’s Intermodal, Automotive and Industrial Products business divisions, and also manages the Real Estate, Industrial Development, Short Line Marketing, Field Sales, and Customer Logistics business groups. In this Rail Group On Air Podcast, Elkins and Railway Age Editor-in Chief William C. Vantuono discuss NS’s accomplishments in 2023 attracting new business and growing existing business, as well as expectations going forward. What markets and commodities offer the most growth potential?
ATLANTA – Norfolk Southern commends the work of its Capital Production Gangs for laying 556 miles of Program Rail.
BELLEVUE, Ohio – The Class I invests $472,000 to go toward repairing a drainage issue at the U.S. 20 underpass.
CAMPBELLSTOWN, Ohio – Norfolk Southern removed double track and extended siding east to 15,000 feet in Ohio.
ATLANTA ––According to an unsubstantiated late-Jan. 31 Wall Street Journal article, an investor group led by activist Ancora Holdings Group, LLC intends to run a proxy fight and replace Norfolk Southern President and CEO Alan Shaw. Ancora has reportedly built a position in NS and would likely try to take control of the Board to enact management and operational changes. We highlighted this as the number one risk in our downgrade earlier this week. NSC was up ~5% after hours. Story by Jason Seidl, Matt Elkott, Elliot Alper and Uday Khanapurkar, TD Cowen
The U.S. Department of Transportation (USDOT) is distributing $4.9 billion to 37 nationwide projects through the FY 2023-24 Mega (National Infrastructure Project Assistance) and INFRA (Infrastructure for Rebuilding America) grant programs. Twelve rail-related projects will receive a total of $1.6 billion; the Pier B project at the Port of Long Beach and the Louisiana International Terminal project at the Port of New Orleans are among the winners.
As Norfolk Southern Vice President Transportation, Joe Gioe is responsible for leading a culture of safe, predictable and consistent service by empowering transportation team members to meet the needs of NS customers. He also leads the Performance Excellence (PE) group, which is responsible for establishing operating processes and measuring performance. The group partners closely with Operations leaders and their teams, including Transportation, Advanced Train Control, Engineering and Safety.
ATLANTA – Norfolk Southern’s Maintenance of Way and Structures Team utilize a helicopter as part of its vegetation management strategy.