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Showing results for HAMMEL v. NORFOLK SOUTHERN RAILROAD COMPANY

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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
Norfolk Southern Corp
Norfolk Southern faces mounting anger over Ohio toxic waste spill
...But Norfolk Southern’s detour from the business pages to the front page has damaged the railroad and the wider industry. “I don’t think it’s an enormous financial hit,” Hatch said....
February 19, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexRail
US rail industry: ESG investors on track with better worker deal Premium content
...After years of cost cutting, operating margins at big rail companies have peaked. Union Pacific and Norfolk Southern’s valuations reflect this....
December 5, 2022
Canadian Pacific Railway Ltd
Canadian Pacific agrees to buy Kansas City Southern for $29bn
...It marks the latest effort to shake up a structure among the big railroads in the US and Canada that has been unchanged since CSX and Norfolk Southern — the two big operators in the eastern US — took over...
March 21, 2021
Moral Money
Biodiversity offsets: Carbon credits’ contentious cousins Premium content
...Secondly, Lex reported on investors Trillium Asset Management and Impact Shares calling on railroad companies Union Pacific and Norfolk Southern to offer paid sick leave to eligible workers....
December 7, 2022
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
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthSupply chains
Winners and losers emerge from lingering US supply chain crisis
...Norfolk Southern, told investors....
January 31, 2022
Due Diligence
Ackman says he’s retiring from activist campaigns Premium content
...During that woeful stretch, Ackman also failed to win shareholder challenges against railroad Norfolk Southern and payroll provider ADP, signifying diminishing effectiveness as an activist....
March 30, 2022
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
US employment
US companies struggle with staff shortages despite raising wages
...Retention is becoming “increasingly challenging”, however, said Cynthia Sanborn, chief operating officer of Norfolk Southern, who said the railroad operator had seen attrition accelerating for the past two...
October 30, 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
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 tried to acquire eastern US railroads CSX and Norfolk Southern in recent years but both attempts were blocked partly over concerns that the deals would not win regulatory approval....
March 22, 2021
News in-depthEquities
‘It’s not going to be normal by September’: investors take stock as Delta spreads
...The Dow Jones Transportation Average, for example, which includes economic bellwethers such as shipping behemoth FedEx and railroad operator Kansas City Southern, slid into a technical correction on Friday...
July 20, 2021
Coronavirus
US investors set to test companies’ handling of coronavirus
...In January, railroad company Norfolk Southern added a discretion to executives’ 2020 bonus plans to ensure they would get paid even as the pandemic badly hit its business....
April 5, 2021
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
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
FirstFT
FirstFT: Today’s top stories
...(FT) Railroad deal is the biggest of the year Canadian Pacific has agreed to buy Kansas City Southern for $28.9bn, including debt, in the largest takeover so far this year....
March 22, 2021
Trump vs Biden: essential reading
Trump vs Biden: 4 policy plans US stock investors are watching
...such as CSX and Norfolk Southern....
October 30, 2020
US employment
US jobs growth bypasses railway workers
...Union Pacific, Norfolk Southern and Kansas City Southern — the other big listed US railroads — have since taken precision methods aboard....
July 22, 2019
Transport
Railroad stocks set record highs as price increases boost earnings
...Not to be left out, Norfolk Southern, which will report first-quarter results next week, rose 1.2 per cent and eyed a fresh record high on its peers’ upbeat views....
April 18, 2019
Northern Southern Corporation
Rising demand drives record quarter for Norfolk Southern
...Rising traffic, higher prices and lower tax propelled the Norfolk Southern railroad to record profits in the third quarter....
October 24, 2018
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
LexCoal
US railroads: deal coal bounce Premium content
...On Wednesday, rival Norfolk Southern delivered similar results with quarterly coal revenues up 32 per cent....
July 27, 2017
Rail
Amtrak names former Delta Air Lines chief as new CEO
...Mr Moorman arrived at Amtrak last September after serving as head of the freight railroad Norfolk Southern. He helped recruit Mr Anderson, Amtrak added....
June 26, 2017
US & Canadian companies
CSX chief under pressure to improve freight railway
...Consolidation has left the US with two main railway companies east of the Mississippi river — CSX and Norfolk Southern — and their networks only partially overlap....
August 20, 2017

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