Norfolk Southern alone will be responsible for paying for the cleanup after last year’s fiery train derailment in eastern Ohio, a federal judge ruled.

The latest rail layoffs, combined with an investment fund’s ongoing campaign for control of Norfolk Southern, are renewing concerns about the effects cuts might have on safety and service.

OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.

OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.

Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

The Haslam family says majority owner Berkshire Hathaway is trying to artificially depress Pilot Travel Centers' value to lower the price it has to pay to get the remaining 20% of the company. 

Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.

OMAHA, Neb. — The costs related to the East Palestine derailment grew to $966 million for Norfolk Southern. The railroad said Q3 profit of $478 million was half of last year’s $958 million.

OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.