Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Norfolk Southern to buy regional railroad for $1.6 billion

Por: Associated Press Business November 22, 2022

thumbnail

OMAHA, Neb. (AP) — Norfolk Southern plans to buy a regional railroad it already operates from Cincinnati for $1.62 billion.The deal announced Monday will give Norfolk Southern ownership of the busy 337-mile-long (542-kilometer-long) Cincinnati Southern Railroad that connects the Ohio city with Chattanooga, Tennessee. A Norfolk Southern subsidiary now leases the railroad and runs as many as 30 trains a day on it.“The Cincinnati Southern... + full article



Similar News

Safety agency opens probe of Norfolk Southern rail accidents

WPLG Local 10 USA Nation March 08, 2023

thumbnailOMAHA, Neb. – Federal investigators are opening a wide-ranging investigation into one of the nation’s biggest railroads following a last month and several other accidents involving Norfolk Southern, including the Tuesday. The National Transportation Safety Board said on... + más

NTSB launches special investigation into Norfolk Southern's 'safety culture' | WPTV

National Transportation Safety Board opens probe of Norfolk Southern rail accidents | Orlando Sentinel


Norfolk Southern makes broad safety adjustments after third train derailment

CNBC USA Business March 06, 2023

thumbnailIn this articleThis photo taken with a drone shows the continuing cleanup of portions of a Norfolk Southern freight train that derailed Friday night in East Palestine, Ohio, Thursday, Feb. 9, 2023.Gene J. Puskar APHours after a28-carNorfolk Southern Saturday in Springfield, Ohio... + más

East Palestine derailment: Timeline of key events in toxic train disaster | ABC News

Rail workers sick in wake of toxic Norfolk Southern derailment as safety bill hits Senate floor | New York Daily News


EPA orders Norfolk Southern to clean up toxic derailment

Associated Press USA Politics February 22, 2023

EAST PALESTINE, Ohio (AP) — The U.S. Environmental Protection Agency ordered Norfolk Southern on Tuesday to pay for the cleanup of the East Palestine, Ohio, train wreck and chemical release as federal regulators took charge of long-term recovery efforts and promised worried... + más

EPA takes charge of cleanup from toxic Ohio train derailment | Los Angeles Times

Feds Order Norfolk Southern to Pay Up for Toxic Train ‘Mess’ | The Daily Beast


Feds Order Norfolk Southern to Pay Up for Toxic Train ‘Mess’

The Daily Beast USA Nation February 21, 2023

thumbnailFederal officials announced Tuesday that Norfolk Southern—whose train derailed this month in Ohio while carrying toxic materials—will be forced to foot the bill for the entirety of the catastrophe’s cleanup.It’s an expensive blow to Norfolk Southern, which already faces... + más

EPA takes charge of cleanup from toxic Ohio train derailment | Los Angeles Times

EPA orders Norfolk Southern to clean up toxic derailment | Associated Press


Norfolk Southern, which spent $4 billion on stock buybacks last year, creates $1 million fund for Ohio train-derailment victims

MarketWatch USA Business February 18, 2023

thumbnailThe state’s Republican governor, Mike DeWine, said Norfolk Southern’s financial gestures aren’t yet sufficient. “The governor expects Norfolk Southern to make the residents of East Palestine whole,” a spokesman for DeWine said. “He does not view what has been done to... + más

Stop Demonizing Stock Buybacks | The Atlantic

Norfolk Southern sees third derailment as CEO testifies to Senate | Newsweek


Norfolk Southern railroad delivered 27% higher 3Q profit

ABC News USA Business October 26, 2022

thumbnailOMAHA, Neb. -- Norfolk Southern hauled in 27% more third-quarter profit as the railroad increased shipping rates and reduced the number of delayed deliveries that shippers have been complaining about this year.The Atlanta-based railroad said it earned $958 million, or $4.10 per... + más

Norfolk Southern railroad delivered 27% higher 3Q profit | Associated Press

Railroad strike averted for now — but the future is far from certain | The Hill


Norfolk Southern railroad delivered 27% higher 3Q profit

Associated Press USA Business October 26, 2022

thumbnailOMAHA, Neb. (AP) — Norfolk Southern hauled in 27% more third-quarter profit as the railroad increased shipping rates and reduced the number of delayed deliveries that shippers have been complaining about this year.The Atlanta-based railroad said it earned $958 million, or... + más

Norfolk Southern railroad delivered 27% higher 3Q profit | ABC News

Railroad strike averted for now — but the future is far from certain | The Hill



About iurex | Privacy Policy | Disclaimer |