Early agreements now cover nearly 65% of company's union workforce ATLANTA, Sept. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached a tentative agreement with its final general committee of the International Association of Sheet Metal, Air, Rail and Transportation Workers - Transportation Division (SMART-TD). SMART-TD is the company's largest labor union, representing train conductors across the company's 22-state network. The latest agreement ensures coverage for all Norfolk Sout ...

Norfolk Southern's (NSC) bottom line is bolstered by reduced cost and improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, NSC continues to grapple with the adverse impacts of the Ohio incident. Factors Favoring NSC Norfolk Southern's strategic decision to move more than 320 locomotives into storage or offline has led to significant cost savings and operational improvements. By reducing fuel consumption, maintenance expenses and overtime by about 20% in the s ...

Southern Company (SO) , through its subsidiary PowerSecure, has announced that its Durham campus microgrid will launch a 100% renewable fuel initiative this month. This initiative demonstrates the company's dedication to innovative energy solutions and environmental responsibility in the energy sector. The Role of PowerSecure in Energy Innovation Southern's Commitment to Clean Energy: SO's unit PowerSecure's CEO, Chris Cummiskey, emphasizes that the adoption of renewable fuels marks a key advancement in mee ...

Early agreements made with nine unions over the past two weeks cover approximately 55% of railroad's total union workforce ATLANTA, Aug. 30, 2024 /PRNewswire/ -- Ahead of the Labor Day holiday, which celebrates the achievements of American workers, Norfolk Southern Corporation (NYSE: NSC) is proud to announce it has reached tentative, five-year collective bargaining agreements with five labor unions in addition to the four announced last week. These nine agreements, which, together, cover approximately 55% ...

DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid will begin a 100% Renewable Fuel Initiative starting this month. This significant step aligns with the company's commitment to innovation and sustainability. "PowerSecure continues to bring new innovation to our customers with a commitment to a clean energy future," said PowerSecure CEO Chris Cummiskey. "The use o ...

VANCOUVER, BC, Aug. 29, 2024 /PRNewswire/ - ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) ("Else" or the "Company"), is pleased to announce the launch of its plant-powered, Ready-to-Drink Kids Shakes, available in Chocolate and Vanilla flavors, at a Southern California's leading upscale grocery store chain. Beginning in September, Else Nutrition's nutritious kids shake will be available in 19 locations across the region, accompanied by promotional offers. Else Nutrition Announces Launch of Plant-Power ...

Agreements come months before next collective bargaining round, giving covered employees early assurances on significant future improvements to pay, health care, and vacation ATLANTA, Aug. 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), in partnership with BNSF Railway, has reached tentative, five-year collective bargaining agreements with the Brotherhood of Railway Carmen Division/TCU (BRC), the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical D ...

4FR Investment Thesis Norfolk Southern (NYSE:NSC) produced a solid set of Q2 results which saw the firm improve their operating ratio, margins and profits despite essentially flatline YoY revenue growth. I admire the entire management team's determination to reduce the railroad's operating ratio to below 60% and believe the proven efficiency improvements in Q2 increase the credibility of these goals. My base-case valuation model suggests shares are trading at a fair valuation, which combined with the railro ...

ATLANTA, Aug. 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer. In the new role, Zampi will maintain responsibility for financial planning and analysis. He also will assume responsibility for treasury and investor relations from Chris Ceraso, current Vice President & Treasurer, who is electing to leave the company to pursue another opportunity. Zampi will continue to report to Executive Vice President & Chief Financial ...

SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Southern Company: 23 Consecutive Years of Dividend Increases Southern Company (NYSE: SO) is an energy company providing electric and gas service to nine million customers across the United States. Click to view the SO Fact Sheet Click to view the SO Investor Presentation Advisor Access spoke with Southern Company's chairman, president and CEO, Chris Womack, about the company's business model, culture and plans for future growth. Advisor Access: For readers un ...