SA: Norfolk Southern CEO keeps job, activist Ancora wins three board seats
SEEKING ALPHA reports: Norfolk Southern Corp. (NYSE:NSC) CEO Alan Shaw kept his job and activist Ancora ...
The heat is piling up on Class I rail companies after yet another Norfolk Southern (NS) train derailed in Ohio, barely a month after the catastrophic derailment of a 150-car NS train in the state.
That incident saw 38 rail cars come off the rails, including 11 carrying hazardous materials; now legislators are up in arms over the rail industry’s safety record and are preparing legislation to tighten safety measures.
On Saturday, an NS train with ...
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