Norfolk Southern

railroad tracks

Another lawsuit around price fixing

RT&S has posted several reports on the collusion around fuel surcharges on the part of BNSF, Norfolk Southern, CSX and Union Pacific alleged by several shippers in lawsuits filed during the past

More Norfolk Southern layoffs

Roanoke’s WSET ABC 13 News is reporting that Norfolk Southern laid off almost 70 employees in Roanoke yesterday morning. This follows a layoff of 130 in September, and 45 in April.

Toyota says U.S. railroads engaged in price-fixing

The Jacksonville Business Journal reports that Toyota Motor Sales USA, Inc. says that major U.S. railroads colluded to fix prices. Specifically, the lawsuit, filed in U.S. District Court for the Eastern District of

Third quarter 2019 results from Norfolk Southern

Norfolk Southern Corporation yesterday reported third-quarter financial results. Third-quarter net income was $657 million and diluted earnings per share were $2.49. The operating ratio for the quarter was 64.9%, a third-quarter record