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Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
Read full article: Norfolk Southern makes deal with investors to prevent another fight for control of the railroadNorfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad.
Flurry of contract deals come as railroads, unions see Trump's election looming over talks
Read full article: Flurry of contract deals come as railroads, unions see Trump's election looming over talksThe flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago.
Norfolk Southern tops third-quarter expectations with a boost from insurance and rail sales
Read full article: Norfolk Southern tops third-quarter expectations with a boost from insurance and rail salesRailroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines.
Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Read full article: Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan ShawNorfolk Southern said Thursday that its new CEO’s salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance.