U.S. District Judge Lewis Kaplan found there wasn’t a close enough connection between the statements Norfolk Southern had given about its strategic plan and accident risk to mandate disclosing “an undefined increase” in risk.

Norfolk Southern Corp. convinced a federal court to dismiss an investor lawsuit alleging that it didn’t disclose increased risk-taking practices prior to a 2023 train derailment in Ohio.

The Cincinnati Southern Railway trust may face a major capital gains tax bill from the commonwealth of Kentucky on the $1.6 billion it received from Norfolk Southern after voters approved the sale of the formerly city owned railroad in 2023.

A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern of causing hundreds of millions of dollars of losses for bondholders by concealing safety risks prior to the February 2023 derailment in East Palestine,

Trains are rolling again on Norfolk Southern’s Heartland Corridor after flooding on the route in southern West Virginia, eastern Kentucky, southwest Virginia, and eastern Ohio due to a storm that began on Friday.

Several lawsuits filed in Columbiana County Common Pleas Court this year against Norfolk Southern over the 2023 train derailment and chemical release are being transferred to federal court. The move to U.

The deaths of seven people, including a one-week-old baby, are alleged in a series of new lawsuits filed against Norfolk Southern and the Environmental Protection Agency.

The hits just keep coming with another arctic blast this week and some extensive flooding, primary impacting Norfolk Southern in Southern West Virginia, Eastern Kentucky, Southwest Virginia and Eastern Ohio,

CINCINNATI ( Cincinnati Business Courier) - The Cincinnati Southern Railway trust may face a major capital gains tax bill from the commonwealth of Kentucky on the $1.6 billion it received from Norfolk Southern after voters approved the sale of the formerly city owned railroad in 2023.