Norfolk Southern

Norfolk Southern President and CEO Alan Shaw remains in place and said he “is confident that we will have a strong and constructive relationship with our new directors.”

NS: Proxy Battle Ends With Favorable Results

The votes from Norfolk Southern’s May 9 42nd Annual Meeting Shareholders have been tabulated and the results are clear. Following a months-long proxy battle launched by activist investor Ancora Holdings Group and

Norfolk Southern Agrees in Principle to Settle East Palestine Derailment Class Action Lawsuit

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.

Bridge Collapse Shuts Down Port of Baltimore — From Our Colleagues at Railway Age

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.

NS EVP and Chief Marketing Officer Ed Elkins: Rail Group On Air Podcast

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?