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At year-end 2024 Norfolk Southern held $1.6 billion of cash and equivalents (similar to 2023) compared with $16.7 billion of total debt ($17.2 billion in 2023 and $15.2 billion in 2022).
The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million settlement Norfolk Southern agreed to with ...
The scrutiny comes after a Norfolk Southern freight train carrying hazardous materials derailed on Feb. 3 near East Palestine, Ohio, sending toxic chemicals into the air, soil and creeks in the area.
YOUNGSTOWN — The jury in the Norfolk Southern civil lawsuit has found Norfolk Southern fully responsible for the $600 million it agreed to pay the people harmed by the Feb. 3, 2024, East Palestine ...
Norfolk Southern lost a similar lawsuit last year when it tried to force GATX and OxyVinyls, which made the vinyl chloride, to help pay for the environmental cleanup after the derailment that has ...
EAST PALESTINE — Norfolk Southern’s decision to vent and burn five tank cars of vinyl chloride following the 2023 train derailment is the center of the most recent lawsuit filed against the railroad ...
Norfolk Southern spokesperson Heather Garcia said in a statement that the company is “marking a key milestone in that restoration effort this week when we install the new bridge spans for the ...
While the report did not confirm which company Union Pacific was looking to acquire, its East Coast counterparts, Norfolk Southern and CSX, gained 2.7% and 4.8%, respectively, in premarket trading.
The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million settlement.
Norfolk Southern on Monday declined to say whether a decision has been made. “That portion of the line is still under assessment at this time,” Garcia told BPR.
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