Class I railroads’ intermodal volumes have been strong this year, but the growing threat of an East Coast ports work stoppage risks upending supply chains just as the freight industry was normalizing. East Coast Class I railroads CSX and Norfolk Southern are keeping an eye on the potential for a widespread strike at […]
LAGUNA BEACH, Calif. – Norfolk Southern, which has struggled to maintain consistent and reliable service in recent years, will no longer tolerate mediocre operational performance, new CEO Mark George says. “The tolerance for poor performance inside of rails has always bothered me,” George said this morning in his first public remarks since replacing Alan Shaw […]
ATLANTA – Norfolk Southern sought to reassure employees that the railroad is in good hands after this week’s firing of CEO Alan Shaw and Chief Legal Officer Nabanita Nag, who were engaged in a consensual relationship in violation of the company’s ethics policy. “While we are deeply troubled to learn of this situation, I am […]
ATLANTA – Norfolk Southern today terminated the contracts of embattled CEO Alan Shaw and the railroad’s chief legal officer, Nabanita Nag, for having a consensual relationship in violation of company policy. The NS board unanimously named Chief Financial Officer Mark George as president and chief executive officer, effective immediately, the railroad announced Wednesday evening. George […]
ATLANTA – Norfolk Southern confirmed late Sunday night that its board has opened an investigation into allegations of conduct by CEO Alan Shaw that is “inconsistent with the company’s Code of Ethics and company policy.” The Wall Street Journal reported this afternoon that Shaw is expected to leave the company by the end of the […]
ATLANTA – The Norfolk Southern board of directors is investigating allegations that CEO Alan Shaw had an inappropriate workplace relationship, CNBC reported today, citing three unnamed people said to be familiar with the matter. The investigation is in its early stages, the network reported, and it is possible that no misconduct may be uncovered. Norfolk […]
CHARLESTON, W.Va. — CSX Transportation is on pace to have the second largest coal franchise by revenue and volume among its Class I peers by the end of 2024, surpassing Union Pacific, and trailing only BNSF Railway. CSX moved 367,000 carloads through the second quarter compared to UP’s 335,000 carloads, as the Omaha-based railroad’s coal […]
ATLANTA — Norfolk Southern has reached a tentative agreement with its final general committee SMART-TD union that represents conductors. SMART-TD (the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division) is the largest labor union on NS, and two of its three general committees on the railroad had already backed tentative contract deals. […]
CHARLOTTE, N.C. — The Charlotte City Council has voted to purchase 22 miles of a Norfolk Southern rail line for a long-discussed commuter rail project, and to seek a 1-cent sales tax increase to pay for a transportation plan including the Red Line project. In a vote this evening (Tuesday, Sept. 3), the council voted […]
The general chairmen representing the Brotherhood of Locomotive Engineers and Trainmen on Norfolk Southern have criticized tentative contract agreements that the railroad has reached with nine unions — and say they’ll never support a similar deal for engineers. The SMART-TD union that represents conductors was among the unions to reach tentative contract deals with NS. […]
CSX Transportation said it was considering its options after a U.S. appeals court refused to restart its lawsuit against competitor Norfolk Southern over access to a key Virginia container port, causing it hundreds of millions of dollars in damages. The allegations fell outside the four-year window for filing claims under U.S. antitrust law, a three-judge […]
Norfolk Southern and BNSF Railway have reached tentative five-year contract agreements with additional unions four months before the opening round of national collective bargaining. The Norfolk Southern agreements with five unions, coming on the heels of four tentative agreements announced last week, cover approximately 55% of the railroad’s unionized workforce. The most recent agreements announced […]
