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(Reuters) -U.S. railroad operator Norfolk Southern reaffirmed its annual forecast after topping first-quarter revenue estimates on Wednesday, on the back of increased volume in intermodal freight ...
Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in eastern Ohio, but even without that, the railroad’s profits still grew.
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 residents.