NEWS
Pennsylvania doubles Amtrak service with $200m infrastructure investment
2023-09-22
Pennsylvania Governor Josh Shapiro announced an expansion of Amtrak's New York City-Harrisburg-Pittsburgh service on Friday, doubling its frequency from once to twice daily. The expansion is a result of an agreement between the Pennsylvania Department of Transportation (PennDOT) and Norfolk Southern Corporation (NYSE:NSC), and will be facilitated by a $200 million investment from the commonwealth.
UAW strike: Why railroads could feel the impact too
2023-09-22
The autoworkers are continuing their strikes against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Most economists expect for there to be some ripple effects across the U.S. economy. One industry that could feel the impact is railroads. Cowen Senior Research Analyst Jason Seidl tells Yahoo Finance Live that "autos have been one of the few brights spots" for railroads in what has been an overall "tough" year for the industry. Seidl says he does expect the strikes to eventually start showing up in the railroad companies' numbers, though it's not being seen yet due to lags in the data. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Norfolk Southern Corp. stock outperforms competitors on strong trading day
2023-09-22
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Norfolk Southern breaks ground on regional safety training center in Ohio
2023-09-21
Norfolk Southern Corporation (NYSE: NSC) broke ground Thursday on its First Responder Training Center. The new regional safety training center in East Palestine, Ohio will provide ongoing, free training for first responders from Ohio, Pennsylvania, West Virginia, and the greater region. This center will further strengthen coordination between railroads and first responders and build upon the company's Operation Awareness and Response (OAR) program, which trains 5,000 first responders annually ac
Biden says Norfolk Southern must be held accountable for Ohio derailment but won't declare disaster
2023-09-21
President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine's recovery, but he still stopped short of declaring a disaster. Biden issued the executive order Wednesday evening. Part of the order essentially directed the environmental, health and transportation officials to continue doing what they are doing to make sure Norfolk Southern fulfills its responsibilities and report on the progress.
Biden holding Norfolk Southern accountable for East Palestine recovery
2023-09-21
President Joe Biden wants Norfolk Southern and federal agencies to stay involved in recovery efforts in East Palestine, Ohio, where an NS train carrying hazardous materials derailed on Feb. 3. The post Biden holding Norfolk Southern accountable for East Palestine recovery appeared first on FreightWaves.
U.S. weekly rail traffic rises 1.8% year-over-year
2023-09-21
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November 3rd Options Now Available For Norfolk Southern (NSC)
2023-09-21
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Evercore lowers Norfolk Southern target, adds to 'Tactical Underperform' list
2023-09-21
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Norfolk Southern Corp. stock underperforms Thursday when compared to competitors
2023-09-21
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