Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad. Norfolk's board will expand from 13 members to 14 members as part of the settlement, the railroad said.
Norfolk Southern enters cooperation pact with activist Ancora; to add one director
Norfolk Southern enters cooperation agreement with activist investor Ancora Holdings to add one board member in joint effort for better governance.
Norfolk to add new board member in settlement with activist investor
Railroad operator Norfolk Southern agreed to add an independent member to its board as it settled a long-drawn battle with activist investor Ancora Holdings over the company's governance. Following the agreement,
Norfolk Southern to add board member in deal with activist Ancora Holdings
The Atlanta-based railroad operator announced Thursday, Nov. 14, that under a cooperation agreement reached following what it termed "constructive engagement," Norfolk Southern and Ancora "will work together to identify an independent director" to join the company's board.
Norfolk Southern reaches agreement with Ancora to add new Board director
Norfolk Southern (NSC) has entered into a cooperation agreement with Ancora under which Norfolk Southern and Ancora will work together to
Norfolk Southern to Add New Director Under Settlement Deal With Ancora
Norfolk Southern (NSC) said Thursday that it struck a cooperation agreement with activist shareholder Ancora Holdings that will see the two parties collaborate on identifying a new independent director.
Norfolk Southern’s Elkins on Its Next Chapter: Talking Transports
Norfolk Southern is entering a new chapter in its storied history as it moves past a devastating derailment, activist ...
Norfolk Southern rule that railcars be inspected in less than a minute sparks safety concerns
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this ...
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Norfolk Southern
Norfolk Southern (NS) and Alstom have partnered to convert two 50-year-old GP 38/40 locomotives to hybrid technology. Ninety-four customers establish new shipment opportunities with Norfolk ...
Norfolk Southern’s 1-minute railcar inspection rule draws safety concerns
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this ...
Norfolk Southern rule on one-minute checks of railcars sparks concerns
Concerns arose about missed inspection flaws after Norfolk Southern instructed employees this week to spend no more than a ...
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Train Collides With Tractor-Trailer At Rutherford Yard In Swatara Township
Emergency crews responded to a crash involving a train and a tractor-trailer in Dauphin County on Tuesday, Nov. 12, according ...