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Norfolk Southern's $600M Agreement To Solve East Palestine Derailment Is A Negative, Says Analyst
Norfolk Southern's $600M Agreement To Solve East Palestine Derailment Is A Negative, Says Analyst
RBC analyst Walter Spracklin maintains a Sector Perform rating for Norfolk Southern Corp , setting a $270 price target. Norfolk Southern reported Q1 FY24 revenues of $3.004 billion and an adjusted EPS of $2.49. The company reaffirms its guidance for operating ratio improvement and anticipates significant changes under new management.
Warren Buffett Was Said To Overpay For BNSF Railway, Here's Why He's Having The Last Laugh
Warren Buffett Was Said To Overpay For BNSF Railway, Here's Why He's Having The Last Laugh
Legendary investor Warren Buffett is a fan of railroads, especially one of the leading railroad companies in North America, which is owned by Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B).
Norfolk Train Derailed In Ohio: Company Shares Show Resilience To Liability Claims Over Carcinogenic Chemicals Released Into Environment
Norfolk Train Derailed In Ohio: Company Shares Show Resilience To Liability Claims Over Carcinogenic Chemicals Released Into Environment
Congestion Persists At Rail Terminals Servicing Imports
Congestion Persists At Rail Terminals Servicing Imports
Chassis shortages and efforts to dig out containers at rail terminals continue to characterize the rail side of the U.S.
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Rail Roundup: Greenbrier Hits 5,500 Q4 Railcar Orders; US Rail Traffic Dips
Rail Roundup: Greenbrier Hits 5,500 Q4 Railcar Orders; US Rail Traffic Dips
Greenbrier's Q4 railcar orders total 5,500 Railcar manufacturer Greenbrier has received orders worth over $530 million for 5,500 railcars.
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Union Pacific, Progress Rail To Increase Biodiesel Content For Locomotives
Union Pacific, Progress Rail To Increase Biodiesel Content For Locomotives
Union Pacific will increase the amount of biodiesel that fuels locomotives used for Progress Rail.
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Daily Infographic: The World's 10 Longest Railway Networks
Daily Infographic: The World's 10 Longest Railway Networks
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Why Freight Is Crucial To Decarbonization — Net Zero Carbon
Why Freight Is Crucial To Decarbonization — Net Zero Carbon
Norfolk Southern isn't just in the business of moving freight, they're in the business of a better planet. To learn more about Norfolk Southern's industry-leading sustainability initiatives, go to nscorp.com/betterplanet.
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Federal Regulators To Review Amtrak's Request To Restore Gulf Coast Service
Federal Regulators To Review Amtrak's Request To Restore Gulf Coast Service
The Surface Transportation Board has determined that it will review Amtrak's request to restore Gulf Coast service, dismissing calls by Class I railroads CSX</
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US Rail Traffic Growth Slows In July
US Rail Traffic Growth Slows In July
U.S. rail traffic in July continued to be higher than July 2020, but that growth appeared to be moderating.
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Drilling Deep: Saia, ODFL, And KC Southern On Mehrotra&#39;s Mind
Drilling Deep: Saia, ODFL, And KC Southern On Mehrotra's Mind
Amit Mehrotra of Deutsche Bank joined host John Kingston for the Drilling Deep podcast to talk about the just-completed earnings season. 
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Norfolk Southern Train Carrying New Vehicles Derails In Missouri
Norfolk Southern Train Carrying New Vehicles Derails In Missouri
A Norfolk Southern train carrying new vehicles derailed on Monday in Huntington, Missouri, causing NS to stop train traffic there for over a day.
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Transport Canada Approves Updates On Freight Rail Switching Rules
Transport Canada Approves Updates On Freight Rail Switching Rules
Transport Canada has approved modifications to some of the rules governing freight rail switching operations so that operations are "as safe as possible for railway employees and for people living close to railway lines."
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Railcar Owners Say Demurrage Charges Could Reduce Delays Of Private Railcars
Railcar Owners Say Demurrage Charges Could Reduce Delays Of Private Railcars
Four shipper associations want the Surface Transportation Board to allow demurrage charges to be assessed on privately owned railcars as an incentive for freight railroads to move those railcars more efficiently through their networks.
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Union Pacific Reopens Dry Canyon Bridge In Northern California
Union Pacific Reopens Dry Canyon Bridge In Northern California
Union Pacific's Dry Canyon Bridge in Northern California has reopened after damage from wildfires in late June.
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STB Agrees To Review CSX&#39;s Plans To Acquire Pan Am Railways
STB Agrees To Review CSX's Plans To Acquire Pan Am Railways
Expect an April decision on whether federal regulators will allow CSX to acquire New England short line Pan Am Railways, according to the Surface Transportation
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Rail Roundup: Train Crews, Shippers&#39; Views, Shareholders Choose
Rail Roundup: Train Crews, Shippers' Views, Shareholders Choose
Union must include crew size in negotiations An arbitrator has determined that the International Association of Sheet Metal, Air, Rail and Transportation Union-Transportation Division (SMART-TD) must resume negotiations over train crew
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International Intermodal Congestion To Persist Through 2021: UP
International Intermodal Congestion To Persist Through 2021: UP
The supply chain disruptions occurring within the international intermodal sector will likely persist through the end of the year, according to Union Pacific President and CEO Lance Fritz.
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