Norfolk Southern has agreed to pay $310 million to settle charges over the East Palestine, Ohio, train derailment that occurred in February 2023, with the majority of that going to cleanup costs. The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.
Norfolk Southern Corp. has reached an agreement with the U.S. Department of Justice, the U.S. Environmental Protection Agency, and the U.S. Department of the Interior to resolve all their claims and investigations relating to last year's derailment of one of the company's trains in East Palestine, Ohio.
Norfolk Southern has agreed to pay hundreds of millions of dollars to resolve the federal government's investigation into the February 2023 train derailment in East Palestine, Ohio.
Agreement establishes long-term health monitoring and mental health services for residents and first responders, codifies rail safety improvements, and recognizes Norfolk Southern's extensive community investments ATLANTA , May 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached an agreement on a consent decree with the U.S. Department of Justice (DOJ), U.S. Environmen...
We think Norfolk Southern stock (NYSE: NSC) and Snowflake stock (NYSE: SNOW) will offer similar returns in the next three years. Although these companies are from different sectors, they share similar market capitalizations of $50-55 billion.
ATLANTA , May 17, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Operating Officer John Orr will make a presentation at the Wolfe 17th Annual Global Transportation and Industrials Conference. Details on joining the presentation follow below.
Certified results of 2024 Annual Meeting of Shareholders confirm newly constituted board Board of directors committed to working collaboratively, engaging with shareholders as it charts A Better Way for Norfolk Southern ATLANTA , May 15, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that the voting results of its Annual Meeting of Shareholders have been cert...
Activist investor Ancora Holdings Group's attempt to gain control of Norfolk Southern Corp.'s board resulted in three of its seven nominees gaining seats on the 13-member board at the railroad operator's annual shareholder meeting Thursday.
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