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Aboard the 9,300-foot-long (1.76 mi; 2.8 km) train [13] were an engineer, conductor, and conductor trainee. [14] ... Norfolk Southern will pay: $235 million for clean ...
Norfolk Southern's predecessor railroads date to the early 19th century. The South Carolina Canal & Rail Road was the SOU's earliest predecessor line. Chartered in 1827, the South Carolina Canal & Rail Road Company became the first to offer regularly scheduled passenger train service with the inaugural run of the Best Friend of Charleston in 1830. [18]
The new contract contains an immediate 14% wage increase and 24% salary increase over five years, plus one day of paid leave per year. [2] The companies and unions had been negotiating since 2019 [1] and began mediation in June 2021. [5]
Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, ... His base salary rose $200,000 to $1.1 million, and his stock and option awards rose $2.2 million to $10 ...
Norfolk Southern said Thursday that its new CEO's salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance.
Norfolk had taken a hit of about $1.4 billion in last two years due to a derailment in Eastern Ohio in 2023 that released over 1 million gallons of hazardous materials and pollutants near the ...
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Moorman is a 1975 graduate of Georgia Tech [4] and Harvard Business School, he joined Norfolk Southern predecessor, Southern Railway, in 1970 as a Co-Op while still attending Georgia Tech. [5] He was also a member of Tau Kappa Epsilon fraternity. [6] On December 9, 2010, Railway Age named Moorman the Railroader of the Year recipient for 2011. [7]