ATLANTA, Sept. 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) acknowledges that its Board of Directors has opened an investigation into allegations of potential conduct by CEO Alan Shaw that is inconsistent with the company's Code of Ethics and company policy. Norfolk Southern holds all its team members to the highest standards. In line with the company's Code of Conduct and company policy, allegations of misconduct are thoroughly investigated. The code also includes resources for employee ...

Norfolk Southern (NSC) , in partnership with BNSF Railway, inked provisional, five-year collective bargaining agreements with multiple labor unions. The tentative deals with the Brotherhood of Railway Carmen Division/TCU, the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical Department and the Transportation Communications Union/IAM have been inked four months prior to the commencement of the next collective bargaining round. NSC has also inked tentative agreements ...

Prospects of Zacks Transportation - Rail industry's participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction. Partly due to these headwinds, the industry has declined 1.8% so far this year, underperforming the S&P 500 Index's 17.9% appreciation. The broader Zacks Transportation sect ...

Tim Livingston joins as Senior Vice President Transportation as COO John Orr establishes operations leadership team ATLANTA, Aug. 7, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has appointed three industry veterans with precision scheduled railroading (PSR) experience to lead its Transportation team, reporting to Chief Operating Officer John Orr. Tim Livingston joins Norfolk Southern as Senior Vice President Transportation and Network Operations. Reporting to Livingston will be Rodney Moor ...

ATLANTA, Aug. 6, 2024 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) is elevating the power of technology and innovation to drive its transformative, balanced strategy as it brings onboard Anil Bhatt, a technology leader recognized for pioneering cutting-edge solutions to advance and shape the direction of enterprises. Bhatt will serve as executive vice president and chief information and digital officer, reporting to President and CEO Alan Shaw. Norfolk Southern's focus on technology has advanced safety and ...

Significant capacity improvements will enhance critical rail corridor, open additional opportunities for statewide business and economic growth ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in se ...

NSC stock has seen little change, moving from levels of $240 in early January 2021 to around $250 now, vs. an increase of about 45% for the S&P 500 over this period. However, the increase in NSC stock has been far from consistent. Returns for the stock were 27% in 2021, -16% in 2022, and -2% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 24% in 2023 — indicating that NSC underperformed the S&P in 2023. Norfolk Southern's revenue of $3.04 billion in Q2 was up 2% y-o- ...

Alabama: 8 Florida: 1 Georgia: 19 Illinois: 7 Indiana: 5 Kentucky: 3 Louisiana: 1 Michigan: 2 Virginia: 9 Company's Thoroughbred Scholars Program has awarded over $1.4M since 2022 ATLANTA, July 29, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced the return of its Thoroughbred Scholars program, providing college scholarships to more than 100 children of Norfolk Southern employees. The program awards 100 scholarships for up to $10,000 over four years, along with three additional schola ...

Notably, the second quarter witnessed the impact of the Eastern Ohio incident, which included insurance recoveries that were greater than the costs incurred in the quarter. Liquidity & Buyback NSC did not repurchase any shares under its stock repurchase program in the second quarter of 2024. JBHT's total operating revenues of $2.93 billionmissed the Zacks Consensus Estimate of $3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 6% year over year.The dow ...

| --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|---------|-----------|-----------|-----------|-----------|-------------|---------| | | | | | | | | | | the restriction period in an amount equal to the | regular | quarterly | dividends | paid on | Common | Stock. | | | | | Second | Quarter | | | First Six | Months | | | | 2024 | | 2023 | 2024 | | 2023 | | | | | | ($ in | millions) | | | | | | | | | | | | | RSUs vested | | 12,494 | | 3,908 | ...