Norfolk southern corp articles
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Breaking Down The Norfolk Southern Corp. (NSC) SEC 10-Q Filing
NSC faced a decline in revenue in 2024 due to lower fuel surcharge revenues but expects growth for the rest of the year. Operating expenses have varied, with materials expenses rising and claims expenses dropping. Income fell significantly due to Incident-related costs and restructuring charges. Management is focusing on growth strategies and risk assessment. Key […]
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ISS endorses most of activist Ancora's nominees for Norfolk Southern board
ISS recommended that shareholders support five of Ancora's seven nominees and seven Norfolk Southern nominees.
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Norfolk Southern details operations and service improvement progress and goals
ATLANTA — Norfolk Southern executives today outlined steps they will take over the next six months to improve operations and service while wringing out $250 million in costs. NS is under pressure to show improvements amid a proxy battle with activist investor Ancora Holdings, which has been critical of the railroad’s lagging financial and operational []Read More