The federal deadline for employees to be fully vaccinated is December 8. Norfolk Southern is a major transporter of industrial products, including chemicals, agriculture, and metals and construction materials. Norfolk Southerns history spans nearly two centuries to the earliest days of American railroading. Rail executives say these changes are delivering more reliable service that can better compete against trucks. We undertake no obligation to update or revise forward-looking statements, whether as a result of new information, the occurrence of certain events, or otherwise, unless otherwise required by applicable securities law. Freight declines have typically foreshadowed trouble for the broader economy because theyre a barometer of how much stuff is heading to market. Yet the National Transportation Safety Board and Federal Railroad Administration are investigating the railroads practices to see where they can be improved. UPDATED MARCH 16: Rail Group Staff Report: Global railway Creating a workforce with longevity should be the goal. Electrical Software Engineer Career Development Center Every economic downturn since World War II has been precipitated by nose-diving freight traffic. As part of a joint statement, SMART-TD President Jeremy Ferguson and BLET National President Dennis Pierce noted: We have been in contract negotiations with NS since November of 2019, and federal law absolutely bars railroads from changing rates of pay, rules and working conditions while negotiations are ongoing. Revenue grew 7% to $3.13 billion, in line with expectations, as it increased rates for most of the cargo it delivered. ROANOKE Jeff Hollandsworth was told to do something recently that he had never done before in his many years working for Norfolk Southern Railway: Empty lockers. NORFOLK SOUTHERN COVID-19 UPDATE: Based on the social distancing guidance from the Centers for Disease Control and Prevention and as a prudent precaution, Norfolk Southern is transitioning to remote working arrangements for employees whose job functions permit. (AP) Norfolk Southern expects Februarysfiery Ohio derailmentto cost it $387 million, but that total will likely increase over time and that doesnt reflect how much the railroads insurance companies will eventually cover. 650 W. Peachtree Street NW, Atlanta, Georgia 30308, Establishing Rail Service on Privately Owned Track, Establishing Rail Service on NS Owned Track, Dual Mission Reward Program: Memphis-Rossville, Announcement for Public Tariff NSRQ 70220 & NSRQ 66326, Effective 9-1-2022, Sharonville Primary Gate Temporary Closure - Update, Board of Directors & Committee Membership, Norfolk Southern Declares Quarterly Dividend, Norfolk Southern reports second quarter 2022 results, Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive, Norfolk Southern announces Board of Directors changes, Income from railway operations in the first quarter 2023 was, Adjusting for the Eastern Ohio Incident, income from railway operations was, Adjusting for the Eastern Ohio Incident, diluted earnings per share were. Apply for this job Leaders of the SMART-TD union and the Brotherhood of Locomotive Engineers and Trainmen have said they generally support workers getting vaccinated, but they don't think the railroads should require it without negotiating first. To learn how to enable JavaScript in your browser, Our approach has worked. The Company uses these non-GAAP financial measures internally and believes this information provides useful supplemental information to investors to facilitate making period-to-period comparisons by excluding the effects of the Incident. New covid variant: A new coronavirus subvariant, XBB. Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. UP and its unions are suing each other over that requirement. For some, this news will require a difficult individual choice. Its at least a 50 page per trip process to get from point A to point B, and that is entirely unacceptable. That estimate doesnt include money Norfolk Southern, based in Atlanta, will put into funds to help cover any long-term health issues, protect drinking water and compensate residents for the loss in their property values because the details are still being worked out with Ohios attorney general.

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