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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 ...
Norfolk Southern recorded another $416 million charge related to the East Palestine derailment on Thursday as part of its second-quarter earnings. (AP Photo/Gene J. Puskar, file) ...
U.S. President Joe Biden on Wednesday issued an executive order the White House said aims to hold railroad operator Norfolk Southern accountable over a freight train derailment in East Palestine ...
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for a fiery February 2023 train derailment in Ohio, but residents worry the money not only won’t go far ...
Safety concerns dominate Norfolk Southern railroad CEO’s job since Ohio derailment By: Josh Funk, The Associated Press Posted: 11:12 PM CDT Wednesday, Jun. 28, 2023 Last Modified: 7:45 AM CDT ...
Union Pacific UNP-N said on Tuesday it would buy smaller rival Norfolk Southern NSC-N in an $85 billion deal, to create the ...
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