· 1d · on MSN
Norfolk Southern Profit Rises as Ohio Derailment Recovery Continues
· 2d · on MSN
Norfolk Southern and Ohio village announce $22-million settlement after 2023 derailment
Norfolk Southern Q4 Profit Tops Estimates
Norfolk Southern Corporation (NSC) reported fourth quarter income from railway operations of $1.1 billion, an increase of 40%,
Norfolk Southern and the Village of East Palestine have reached a $22 million settlement to resolve all claims by the village resulting from the Feb. 3, 2023, derailment and hazardous-materials release,
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its fourth quarter and full-year 2024 financial results. For the quarter, revenue was $3.0 billion, income from railway operations was $1.1 billion,
2d
A final multi-million dollar settlement was reached in the toxic February 2023 trail derailment in Ohio, according to new information.
Norfolk Southern CEO Mark George said the company is turning the corner into 2025 with “strong” financial results that make him optimistic about the future.
With the statute of limitations to file suit against Norfolk Southern for damages inflicted by the 2023 train derailment and subsequent chemical release less than a week away, East Palestine Council announced the village and the railroad have reached a settlement.
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.
East Palestine and Norfolk Southern also announced that the company will no longer build a safety training center for first responders.
Met commitments for second-half and full-year 2024 operating ratio Productivity initiatives drive results with additional opportunity in 2025 ATLANTA, Jan. 29, 2025
In the fourth quarter, the railroad reported an adjusted operating income increase of 11% to $1.06 billion, even as revenues saw a slight decline of 2% to $3.02 billion. The rail earned $3.04 per share, beating the Wall Street consensus by a dime.These figures underscore the company’s effective cost management and operational efficiencies.
Shares of railroad operator Norfolk Southern (NSC) are chugging higher after the company reported earnings growth and said it was on track for
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