CSX Won't Rule Out M&A
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Norfolk Southern and Union Pacific are in talks about a possible merger, the announcement coming Thursday, during an earnings report.
Some are concerned about the potential for a merged rail conglomerate, as it "would also reduce competition in an already concentrated industry," said The New York Times. Railway customers, primarily those in the coal,
The five residents appealing the final approval of last year’s $600 million settlement between the Norfolk Southern and households impacted by the 2023 train derailment, continue to fight for a reduction or complete elimination of the $850,
The Estate of Cheryl Roush has filed a lawsuit against Norfolk Southern for $250,000 in damages related to her death, alleging that the train derailment on February 3, 2023 released toxic chemicals into the air which caused her injuries and eventual death.
Recent grant from NS boosts efforts for Norfolk & Western No. 611 with $40,000 to support VMT's Rail Heritage Initiatives.
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