Norfolk Southern Railway

MWCold Acquisition Solidifies Vertical Cold Storage’s Coverage in the Midwest

Retrieved on: 
Tuesday, May 30, 2023

“We are excited to be partnering with Tim Siddiq and the MWCold team.

Key Points: 
  • “We are excited to be partnering with Tim Siddiq and the MWCold team.
  • MWCold is a fourth-generation, family-owned business infused with the spirit of entrepreneurship and a value system committed to serving their employees, customers, and community.
  • We are committed to honoring the family legacy and taking MWCold to the next level,” said West Hutchison, President and CEO of Vertical Cold Storage.
  • The MWCold Indianapolis warehouse is a 390,000 sf /10.1M cf multi-modal facility with 33,000 pallet positions and 46 dock doors.

Norfolk Southern and twelve labor unions commit to working together to enhance rail safety

Retrieved on: 
Tuesday, May 23, 2023

ATLANTA, May 23, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and CEO Alan H. Shaw and leaders of 12 Norfolk Southern labor unions sent a joint letter Tuesday underscoring their shared goal of partnering together to drive continuous improvement in rail safety at the company. The letter was sent to all Norfolk Southern craft and management employees. The signatories wrote in the letter:

Key Points: 
  • The signatories wrote in the letter:
    Today, national labor leaders and Norfolk Southern management are committing to work together to enhance rail safety for our people and the communities we serve.
  • Working together – and broadening the conversation to ensure everyone plays a part – is the best way to achieve meaningful improvement.
  • Protecting the safety of workers is one of the founding values of labor unions, and union leadership advocates tenaciously on behalf of the safety and wellbeing of our people.
  • Today, national labor leaders and Norfolk Southern management are committing to work together to enhance rail safety for our people and the communities we serve.

BLET and Norfolk Southern reach deal on engineer paid sick leave

Retrieved on: 
Thursday, May 18, 2023

ATLANTA and INDEPENDENCE, Ohio, May 18, 2023 /PRNewswire/ -- The Brotherhood of Locomotive Engineers and Trainmen (BLET) and Norfolk Southern Corporation (NYSE:NSC) announced Thursday that they have reached an agreement to provide up to seven paid sick days per year to BLET members. The agreement will provide Norfolk Southern engineers with five new days of paid sick leave per year while also offering them the flexibility to use up to two additional days of existing paid time off as sick leave.

Key Points: 
  • The agreement will provide Norfolk Southern engineers with five new days of paid sick leave per year while also offering them the flexibility to use up to two additional days of existing paid time off as sick leave.
  • The new agreement will provide new paid sick leave benefits to over 3,300 Norfolk Southern engineers, representing almost 25% of the NS craft workforce.
  • "We are proud to be the first to have reached a paid sick leave agreement for our dedicated BLET membership," said Dewayne Dehart, BLET general chairman (NS-Northern Lines GCA).
  • This second agreement offers additional preservation of earnings unique to Norfolk Southern engineers when they use paid sick leave, as well as greater protection for vacation time, further enhancing the paid sick leave deal.

Norfolk Southern to present at Wolfe Research 16th Annual Global Transportation & Industrials Conference

Retrieved on: 
Wednesday, May 17, 2023

ATLANTA, May 17, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan H. Shaw will make a presentation at the Wolfe Research 16th Annual Global Transportation & Industrials Conference. Details on joining the presentation follow below.

Key Points: 

ATLANTA, May 17, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan H. Shaw will make a presentation at the Wolfe Research 16th Annual Global Transportation & Industrials Conference. Details on joining the presentation follow below.

Labaton Sucharow LLP Announces Securities Class Action Lawsuit Filed Against Norfolk Southern Corporation and Related Parties

Retrieved on: 
Tuesday, May 16, 2023

You do not need to seek appointment as Lead Plaintiff to share in any Class recovery in this action.

Key Points: 
  • You do not need to seek appointment as Lead Plaintiff to share in any Class recovery in this action.
  • If you are a Class member and there is a recovery for the Class, you can share in that recovery as an absent Class member.
  • Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications.
  • Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at www.labaton.com .

DEADLINE ALERT for SBNY/SBNYP, GOOG/GOOGL, and NSC: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, May 15, 2023

LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

NSC FINAL DEADLINE TODAY: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Norfolk Southern Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important May 15 Deadline in Securities Class Action – NSC

Retrieved on: 
Monday, May 15, 2023

WHAT TO DO NEXT: To join the Norfolk Southern class action, go to https://rosenlegal.com/submit-form/?case_id=12322 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Norfolk Southern class action, go to https://rosenlegal.com/submit-form/?case_id=12322 or call Phillip Kim, Esq.
  • If you wish to serve as lead plaintiff, you must move the Court no later than May 15, 2023.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

FINAL DEADLINE FOR NORFOLK SOUTHERN CORPORATION INVESTORS: Kessler Topaz Meltzer & Check, LLP Reminds Norfolk Southern Corporation (NSC) Investors of May 15, 2023 Lead Plaintiff Deadline

Retrieved on: 
Monday, May 15, 2023

RADNOR, Pa., May 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Norfolk Southern Corporation (“Norfolk Southern”) ( NYSE: NSC ).

Key Points: 
  • RADNOR, Pa., May 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Norfolk Southern Corporation (“Norfolk Southern”) ( NYSE: NSC ).
  • As a result of Norfolk Southern’s materially misleading statements and omissions to the public, Norfolk Southern’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Norfolk Southern investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The class action complaint against Norfolk Southern, captioned Bucks County Employees Retirement System v. Norfolk Southern Corporation, et al.

NORFOLK SOUTHERN DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Norfolk Southern Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Sunday, May 14, 2023

Investors have until May 15,2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until May 15,2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Norfolk Southern is a rail transportation company that implemented a strategy known as “Precision Scheduled Railroading” (“PSR”), which is associated with hyper-efficient operational changes designed to increase revenues and decrease costs.
  • Operational changes typically include reductions in staff; longer, heavier trains that can stretch up to miles in length; and tighter schedules.
  • Next, on February 15, 2023, reports emerged that Ohio Attorney General Dave Yost was considering taking legal action against Norfolk Southern over the derailment.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Norfolk Southern Corporation (NSC)

Retrieved on: 
Friday, May 12, 2023

The Law Offices of Frank R. Cruz reminds investors of the upcoming May 15, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Norfolk Southern Corporation (“Norfolk Southern” or the “Company”) (NYSE: NSC ) common stock between October 28, 2020 and March 3, 2023, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming May 15, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Norfolk Southern Corporation (“Norfolk Southern” or the “Company”) (NYSE: NSC ) common stock between October 28, 2020 and March 3, 2023, inclusive (the “Class Period”).
  • On this news, Norfolk Southern’s stock price fell $5.66, or 2.2%, to close at $246.46 per share on February 6, 2023.
  • On this news, Norfolk Southern’s stock price fell $7.64, or 3.1%, to close at $238.98 per share on February 9, 2023.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.