Norfolk Southern reported its 2023 net income was down 44% compared to 2022. Its revenue was down 5% in 2023 amid network disruptions — including technology outages — and a weak freight market.

Norfolk Southern has already spent more than $1.1 billion on its response to the derailment, including more than $104 million in direct aid to East Palestine and its residents.

Norfolk Southern estimates the derailment cost the company $387 million, including site cleanup and various compensation programs. It said that some of that cost may be recoverable from insurers.

Norfolk Southern failed to communicate with first responders after the derailment, leaving them under the impression that chemicals being released to prevent an explosion would come from only one ...

Norfolk Southern, the company behind the Ohio chemical spill, fought against a new U.S. Department of Transportation safety rule that may have helped limit the impact of this month's derailment.

Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the release of toxic chemicals from its derailment nearly three weeks ago in ...

Thursday’s derailment in Alabama, Norfolk Southern’s fourth in just over a month, came just hours before CEO Alan Shaw was raked over the coals by Ohio’s two US senators — one Democrat and ...

Norfolk Southern’s decision to vent and burn five tank cars of vinyl chloride following the 2023 train derailment is the center of the most recent lawsuit filed against the railroad by residents who lived through the rail disaster.