Norfolk Southern Railroad

EPA: “Norfolk Southern pagará por limpiar el desastre” de Ohio 

La Agencia de Protección del Medio Ambiente responsabilizó legalmente a Norfolk Southern de los costos de limpieza derivados del descarrilamiento de un tren en Ohio a principios de este mes y el Departamento de Transporte publicó una lista de acciones relacionadas con la seguridad.  

Ambas medidas responden al descarrilamiento el 3 de febrero de un tren de NS cerca de la frontera con Pensilvania, en East Palestine (Ohio). Según la Junta Nacional de Seguridad en el Transporte, descarrilaron 38...

https://www.freightwaves.com/news/epa-norfolk-southern-pagara-por-limpiar-el-desastre-de-ohio

Buttigieg: Expect more federal regulation on rail safety

Federal officials and Democratic lawmakers are hinting that more regulation of the freight railroads is on the way as leaders explore the safety procedures surrounding trains that haul hazardous materials.

Federal scrutiny of rail safety comes as Norfolk Southern (NYSE: NSC), federal, state and local leaders, and the local community seek to recover from a Feb. 3 derailment involving an NS train near East Palestine, Ohio.

U.S. Transportation Secretary Pete Buttigieg told NS President and CEO Alan...

https://www.freightwaves.com/news/buttigieg-expect-more-federal-regulation-on-rail-safety

NTSB warns against misinformation as NS derailment probe continues

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Misinformation on social media has prompted the chair of the National Transportation Safety Board...

https://www.freightwaves.com/news/ntsb-warns-against-misinformation-as-ns-derailment-probe-continues

Norfolk Southern commits to Ohio community following derailment

Norfolk Southern pledged to keep residents informed about progress on the investigation of the fiery derailment of one of its trains near East Palestine, Ohio, the railroad’s CEO said in a Thursday letter to the community.

“As we continue site cleanup, the NTSB [National Transportation Safety Board] moves forward with its investigation, and necessary environmental testing is carried out, I promise to keep you updated every step of the way,” said the letter from NS President and CEO Alan Shaw to...

https://www.freightwaves.com/news/norfolk-southern-commits-to-ohio-community-following-derailment

El descarrilamiento de un tren en Ohio liberó más sustancias químicas tóxicas de las que se informó en un principio 

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El descarrilamiento el 3 de febrero de un tren de Norfolk Southern en Ohio liberó más sustancias...

https://www.freightwaves.com/news/el-descarrilamiento-de-un-tren-en-ohio-libero-mas-sustancias-quimicas-toxicas-de-las-que-se-informo-en-un-principio

NS train derailment released more toxic chemicals than first reported

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The Feb. 3 derailment of a Norfolk Southern train in Ohio released more toxic chemicals than first...

https://www.freightwaves.com/news/ns-train-derailment-released-more-toxic-chemicals-than-first-reported

Ohio derailment may cause delays on Norfolk Southern’s northern network

Norfolk Southern’s lanes linking the Northeast with markets in the Midwest could face significant disruptions for some time as the railroad and public officials and investigators clear the site where a train derailment occurred Friday evening in Ohio near the Pennsylvania border.

In an intermodal service update, NS (NYSE: NSC) told customers that there is no estimate for when service might return to the route where the derailment occurred. The railroad is seeking alternate routes to minimize...

https://www.freightwaves.com/news/ohio-derailment-may-cause-delays-on-norfolk-southerns-northern-network

Norfolk Southern’s industrial development investments valued at $3.2B

Norfolk Southern’s partnership with 120 companies at the railroad’s industrial sites generated about $3.2 billion in investment in 2022.

The investments were for 159 projects to expand operations or create new facilities along NS’ network, the railroad said Thursday.  

NS (NYSE: NSC) has more than 825 development-ready industrial sites available, as well as approximately 300 rail-to-truck transload facilities and 260 partnerships with short-line railroads. 

Projects that kick-started in 2022...

https://www.freightwaves.com/news/norfolk-southerns-industrial-development-investments-valued-at-32b

Norfolk Southern bracing for economic headwinds

Norfolk Southern sees 2023 as an opportunity to further test its new operational plan amid considerable economic headwinds, according to executives’ comments during the railroad’s fourth-quarter ’22 earnings call.

Those headwinds include how inflation not only affects NS and its customers but also the broader industries, such as industrial production and manufacturing as well as consumer sentiment.

“Our outlook for 2023 reflects the uncertainty of a challenging macro landscape, in which the path...

https://www.freightwaves.com/news/norfolk-southern-bracing-for-economic-headwinds

FreightWaves Classics/Fallen Flags: The Virginian Railway profitably hauled coal 

A Virginian Railway freight train. (Photo: The Virginian Railway Facebook page)

FreightWaves Classics is sponsored by Sutton Transport, an LTL leader in the Midwest for more than 40 years. Sutton Transport proudly services Illinois, Minnesota, Missouri and Wisconsin. Request a quote here.

The Virginian Railway was a fairly small railroad (its main line was less than 500 miles), but it was built to extremely high standards and it “operated with precision-like efficiency” hauling coal as a competitor to the much larger Norfolk & Western Railway (N&W).  

The Virginian Railway's logo. (Image: The Virginian Railway's Facebook page)The Virginian...

https://www.freightwaves.com/news/freightwaves-classicsfallen-flags-the-virginian-railway-profitably-hauled-coal

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