Buttigieg, Su urge 3 Class I freight railroads to guarantee paid sick leave [Yahoo! Finance]
Norfolk Southern Corporation (NSC)
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Source: Yahoo! Finance
According to a news release from the DOT, Buttigieg and Su wrote to CEOs for CPKC and fellow Canadian railroad CN, as well as U.S.-based CSX. The letter highlights progress made for paid sick leave by the industry. It stated that since the end of 2022, the number of Class I freight railroad employees who have access to paid sick days has increased from 5% to 90%. “While we applaud this success, it's cold comfort for the 10 percent of railroaders who still do not have paid sick leave,” the letter stated. The railroads should engage promptly and reach agreements with each of their respective unions to address paid sick leave for all employees, the letter added. “This does not have to wait for national negotiations; your railroad should come to terms immediately with your labor unions,” it stated. “As our administration has noted, we are not satisfied with the current trajectory of railroad safety in America and see no reason for delay in making the rail industry safer.” In th
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News
- Those who invested in Norfolk Southern (NYSE:NSC) five years ago are up 59% [Yahoo! Finance]Yahoo! Finance
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- Ohio judge approves $600 million settlement for residents near fiery East Palestine train derailment [FOX News]FOX News
- Norfolk Southern Co. (NYSE: NSC) had its price target raised by analysts at Evercore ISI from $265.00 to $276.00. They now have an "outperform" rating on the stock.MarketBeat
NSC
Earnings
- 7/25/24 - Beat
NSC
Sec Filings
- 9/24/24 - Form 8-K
- 9/17/24 - Form 4
- 9/13/24 - Form 144
- NSC's page on the SEC website