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Supreme Court US
The Supreme Court’s business agenda: 7 cases that companies are watching
...Mallory vs Norfolk Southern Railway Where a company gets sued may seem like a technicality, but to businesses it is of vital importance....
October 27, 2022
Oren Cass
On America’s ramshackle railroads, Republicans concede the limits of the market
...Tankers in a 149-car Norfolk Southern train carrying vinyl chloride caught fire and derailed after an overheating wheel bearing went undetected until too late....
May 21, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Live news updates from November 8: Brussels to probe Microsoft’s Activision buyout, US voters head to polls for midterm elections
What to watch in the US today
...Supreme Court: The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could shift how companies are sued in the US....
November 8, 2022
Canadian Pacific Railway Ltd
Canadian Pacific agrees to buy Kansas City Southern for $29bn
...It also has extensive operations in Mexico and owns a 50 per cent stake in the Panama Canal Railway Company....
March 21, 2021
FirstFT
FirstFT: Trump sets date for ‘very big announcement’
...Supreme Court The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could drastically shift how companies are sued in the US....
November 8, 2022
Live news updates from April 27: Poland and Bulgaria receive gas from EU neighbours, Archegos founder Hwang hit by US fraud charges
What to watch in the Americas today
...Others reporting in the morning include CME Group, Norfolk Southern, Hess, Spotify, Bunge, Penske and Harley-Davidson....
April 27, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Transcript
Google earnings fall on lower ad sales
...It’s one that is called Mallory versus Norfolk Southern Railway. And the whole sort of case is about an employee that is suing the company for alleged negligent behaviour....
October 26, 2022
Coronavirus: Texas reports more than 10,000 new cases for first time since February - as it happened
Norfolk Southern railway grapples with labour shortages
...Norfolk Southern is struggling to fill gaps in its workforce as pandemic-related labour shortages persist....
July 28, 2021
Coronavirus: Texas reports more than 10,000 new cases for first time since February - as it happened
Norfolk Southern receives a boost from reopening of economy
...Norfolk Southern’s revenue and income rose strongly in the second quarter thanks as the US rail operator was boosted by the easing of Covid-19 restrictions....
July 28, 2021
Simon Edelsten
Getting inflationary investing back on track
...Union Pacific and Norfolk Southern both say they move a ton of freight 444 miles on a single gallon of diesel. The industry continues to invest to improve its sustainability....
November 10, 2021
Kansas City Southern
Canadian Pacific clinches hard-fought $31bn deal for Kansas City Southern
...The last big deal occurred in 1999, when CSX and Norfolk Southern took over and divided Conrail between themselves....
September 15, 2021
Due Diligence
Ackman says he’s retiring from activist campaigns Premium content
...He has waged battles against companies including Wendy’s, McDonald’s, Fortune Brands, Canadian Pacific Railway and JCPenney....
March 30, 2022
US & Canadian companies
Kansas City Southern in talks on rival $33.7bn Canadian National bid
...Both Canadian firms operate in the central and eastern US, along with rivals CSX and Norfolk Southern....
April 24, 2021
Rail
Canadian National tries to gatecrash Kansas City Southern deal with $33.7bn bid
...Whoever wins the Canadian battle over Kansas City Southern, the smallest of the seven Class 1 railways that haul US freight, will pull off the first major rail deal since 1999, when CSX and Norfolk Southern...
April 20, 2021
Mergers & Acquisitions
Kansas City Southern backs sweetened $34bn Canadian National offer
...The race to buy the smallest of seven Class 1 railway groups that service the North American freight market is the boldest attempt to consolidate the industry since CSX and Norfolk Southern acquired Conrail...
May 13, 2021
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
LexCanadian Pacific Railway Ltd
Canadian Pacific/Kansas City: trade deal gives rail bidder new latitude Premium content
...It is a change of direction for Canadian Pacific, rebuffed in two public courtships of rivals, first of CSX and then of Norfolk Southern. Both concentrated on the US north-east....
March 22, 2021
News in-depthCanadian Pacific Railway Ltd
Rail deal is $29bn bet on trade pact between Canada, US and Mexico
...Canadian Pacific Railway’s proposed takeover of the Kansas City Southern railroad is a $29bn bet on smooth commerce between Canada, the US and Mexico after the three countries replaced their contentious...
March 22, 2021
Serbia
EU move on vaccine exports puts Serbia’s leader on edge
...Chinese companies are building a railway from Serbia’s capital to Budapest and implementing other infrastructure and security projects, leading the US-based Center for Strategic and International Studies...
March 29, 2021
Due Diligence
Black Monday: Apollo’s founder is out Premium content
...Under Ackman’s new regime, the Canadian operator unsuccessfully approached US rival CSX, and then Norfolk Southern, about potential mergers in 2014 and 2016....
March 23, 2021
The Week Ahead
US tech and UK banks head earnings bonanza, Fed rate meeting
...; Aveva; IWG; PZ Cussons Wednesday ADP; Apple; Boeing; Boston Scientific; Equinix; Facebook; GlaxoSmithKline; Humana; Moody’s; Norfolk Southern; Qualcomm; Sanofi; ServiceNow; Deutsche Bank; eBay; Ford...
April 25, 2021
US employment
US jobs growth bypasses railway workers
...The Norfolk Southern Railway, which reports results this week, has outlined plans to eliminate more than 500 positions this year....
July 22, 2019
News in-depthThe Big Read
Coronavirus: China’s risky plan to revive the economy
...reconstruction projects, while eastern Zhejiang province added 100 new railways, roads and disaster relief programmes....
March 10, 2020
Rail
US railroads employ ‘precision’ principles to boost profit
...CSX’s eastern rival Norfolk Southern disclosed Wednesday it would adopt precision railroading, meaning a majority of large North American freight rail companies has now embraced it....
October 25, 2018
US & Canadian companies
Drugmaker emerges as big winner from Trump tax bill
...Honeywell, the US industrial conglomerate, and Norfolk Southern, the railway group, are among the companies that have also said they expect their tax rates to fall this year, but they will save significantly...
January 26, 2018
Rail
Norfolk Southern profits top estimates, CFO to retire
...Norfolk Southern, one of the biggest North American rail operators, on Wednesday posted upbeat first quarter earnings and said its chief financial officer Marta Stewart would retire....
April 26, 2017

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