Story by JOSH FUNK, Associated Press The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes. To continue reading…
Tag: NS
Norfolk Southern alone should pay for East Palestine train derailment cleanup, judge says
Norfolk Southern’s weak Q4, deteriorating OR draw Wall Street criticism
Plans to improve seen as still leaving East Coast-focused railroad trailing Class 1 peers By John Kingston for freightwaves.com Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. To continue reading…
Norfolk Southern first Class I railroad to join FRA’s Confidential Close Call Reporting system
The railroad, BLET, and SMART-TD will begin a one-year pilot program designed to improve safety By Bill Stephens for trains.com Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a […]
Norfolk Southern: East Palestine derailment costs railroad $1.1 billion
A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly a year ago has cost the railroad $1.1 billion so far. By Mike Gauntner for wfmj.com A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly […]