Federal government hands out $2.4 billion for 122 railroad projects nationwide [Yahoo! Finance Canada]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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Source: Yahoo! Finance Canada
The grants announced Tuesday by the Federal Railroad Administration will go to projects across 41 states and Washington, D.C. Most of the money will go to track and bridge upgrades. But some of the grants will be used to bolster training and explore cleaner-burning alternatives to the diesel railroads have long relied on. Some small railroads will also get help upgrading to more efficient locomotives. Much of the money comes from the 2021 infrastructure law that President Joe Biden championed. Last year, the administration handed out $1.4 billion in these rail grants. "Each project advances a future where our supply chains are stronger, passenger rail more accessible, and freight movement safer and more efficient,” Transportation Secretary Pete Buttigieg said in a statement. Some of the grants will also help address rail safety concerns that have become prevalent since a Norfolk Southern train derailed in East Palestine, Ohio, in February 2023 and spilled a cocktail of hazardou
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News
- Norfolk Southern Insiders Added US$5.00m Of Stock To Their Holdings [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern to present at Stephens Annual Investment ConferencePR Newswire
- Norfolk Southern makes deal with investors to prevent another fight for control of the railroad [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern to add new board member as part of deal with Ancora Holdings [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern to Add New Director Under Settlement Deal With Ancora [Yahoo! Finance]Yahoo! Finance
NSC
Earnings
- 10/22/24 - Beat
NSC
Sec Filings
- 11/14/24 - Form 8-K
- 10/28/24 - Form 4
- 10/28/24 - Form 4
- NSC's page on the SEC website