What the proxy fight at Norfolk Southern means for railroad safety [CNN]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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nscorp.com/content/nscorp/en/investor-relations.html
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Source: CNN
full of toxic chemicals and increased attention to the issue of railroad safety, the control of the railroad is up for grabs at its annual meeting Thursday. The fight for control of the Atlanta-based railroad, one of America's four major freight railroads, could determine more than just who runs the railroad in the future, but also whether it continues using longer and longer trains, a practice criticized by some rail safety advocates. A defeat of current Norfolk Southern management, credited with improving safety practices at the railroad since the February 3, 2023 derailment in East Palestine, Ohio, could make management at other railroads reluctant to take steps to improve safety if it means reduced profit margins. The fight has split the railroad's unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad's employees. Ancora, which seeks to have its own
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NSC
News
- Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials Conference [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials ConferencePR Newswire
- East Palestine resident says whistleblower is 'tip of the iceberg' for disaster response 'cover-up' [FOX Business Network]FOX Business Network
- To hold team members accountable, trust them, says JLL boss Christian Ulbrich [Fortune]Fortune
- Whistleblower alleges mistakes in initial East Palestine disaster response [FOX News]FOX News
NSC
Earnings
- 4/24/24 - Miss
NSC
Sec Filings
- 5/15/24 - Form 8-K
- 5/14/24 - Form 4
- 5/10/24 - Form 144
- NSC's page on the SEC website