FW: Proxy adviser on Norfolk Southern: overhaul board but keep CEO Shaw
FREIGHTWAVES reports: Norfolk Southern’s management has taken a second hit this week from an independent proxy advisory firm ...
CNBC reports:
A Norfolk Southern train derailed in Ohio on Saturday, the second such incident involving the railroad in that state in about a month, prompting local officials to order residents living near the accident site to shelter in place.
Norfolk Southern said the train that derailed near Springfield was not carrying hazardous materials and that no one was hurt. Local authorities said first responders on the scene were working to confirm that no toxins were involved.
The accident follows the Feb. 3 derailment of a Norfolk Southern train in East Palestine, Ohio, about 180 miles (290 km) northeast of Springfield. The East Palestine derailment sent millions of pounds of toxic chemicals into the environment and forced thousands of people to evacuate…
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