Shares of railroad operator Norfolk Southern (NSC) are chugging higher after the company reported earnings growth and said it was on track for
ATLANTA – Norfolk Southern is back. That was the message CEO Mark George and the railroad’s executive team delivered on this morning’s fourth-quarter earnings call, where they emphasized how operational improvements helped NS meet or exceed the financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
ATLANTA — Norfolk Southern customers advanced projects representing $4.3 billion in industrial development along its lines or those of a shortline partner in 2024, the railroad said today (Jan. 22). The investments involved 149 projects,
The 40% improvement in operating earnings comes as the railroad settled a key claim over a 2023 Ohio derailment.
Productivity initiatives drive results with additional opportunity in 2025
East Palestine will get $22 million in a settlement from Norfolk Southern on top of the already $13 million already paid.
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.
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
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 Corp. will pay $22 million to East Palestine, Ohio, to settle claims related to a train derailment there in early 2023.
Operational and other improvements helped Norfolk Southern meet or exceed financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings. The post Norfolk Southern touts operational,
Norfolk Southern's solid fourth quarter — combined ... The railroad, based in Atlanta, earned $733 million, or $3.23 per share, in the fourth quarter. That's up from $527 million, or $2.32 ...