Town hall meetings on impact of Norfolk Southern train derailment in East Palestine

Norfolk Southern Profit Increases in Q1

Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.

Norfolk Southern's derailment insurance payments provide boost but even without that profits were up

Norfolk Southern’s first quarter profits got another boost from insurance payments related to its disastrous 2023 derailment in eastern Ohio.

Town hall meetings on impact of Norfolk Southern train derailment in East Palestine

Attendees will hear from a toxicologist who conducted an independent study on the impact of the Feb. 3, 2023 train derailment in East Palestine, Ohio.

Supreme Court declines to review CSX suit against Norfolk Southern

The expanded Central Rail Yard at Norfolk International Terminals. The U.S. Supreme Court has declined to hear a CSX appeal regarding an antitrust suit over access to the facility. Port of Virginia WASHINGTON — The U.S. Supreme Court has turned down CSX Transportation’s effort to revive an antitrust lawsuit against Norfolk Southern over access at the port of Norfolk, Va. Reuters reports that the court on Monday (April 21) announced it would decl…

Norfolk Southern's derailment insurance payments provide boost but even without that profits were up - The Morning Sun

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 Atlanta-based railroad reported a major rebound in its results Wednesday with $750 million profit, or $3.31 per share, in the first quarter. Last year, the first quarter results of $53 million, or 23 cents per share, were held down by the $600 milli…

Supreme Court won't hear CSX antitrust suit against Norfolk Southern

The U.S. Supreme Court declined to hear a CSX appeal regarding an antitrust suit over access to Norfolk International Terminals.