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Norfolk Southern outlook revised to positive at S&P on Union Pacific merger plan
S&P could raise its ratings on Norfolk Southern if the merger completes without significant concessions and Union Pacific maintains its ’A-’ rating. Conversely, the outlook could revert to stable if the merger becomes unlikely to conclude or faces unexpected closing conditions.
Norfolk Southern is suing American Italian Pasta Company and its former parent company Treehouse Foods over the 2022 Columbia ...
In September 2024, Norfolk Southern agreed to pay $600 million in a class-action settlement for individuals who filed personal injury and property damage claims related to the derailment.
Norfolk Southern began making promises to East Palestine, Ohio, soon after its train derailed and caught fire in February 2023, saying it would “make it right” after five tank cars of vinyl ...
Norfolk Southern began making promises to East Palestine, Ohio, soon after its train derailed and caught fire in February 2023. The railroad said it would “make it right” after five tank cars ...
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