The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters Determines that a Change in Leadership is Needed At Norfolk Southern

The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED-IBT”) today announced that it has determined a change in leadership at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern”) is necessary.

Tony Cardwell, President of BMWED-IBT, commented:

“The BMWED-IBT, after more than a year of non-committal hedging on reasonable, needed changes and untenable shakiness in management at Norfolk Southern, has determined that a change in leadership is needed for the freight rail carrier and its employees.

Following yesterday’s earnings call and a reasonably constructive meeting with a potential new leadership team, our Brotherhood has determined that a change at the top would be the best course of action for BMWED-IBT members.

For many months since East Palestine, the BMWED has not been able to get assurances from the current leadership to implement needed policy and procedural changes to prevent such tragedies from reoccurring.

At this juncture, seeing no path forward, we see no reason to support the current administration at Norfolk Southern.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20240425266483/en/

The Norfolk Southern Stock at the time of publication of the news with a raise of +1,10 % to 238,8USD on NYSE stock exchange (25. April 2024, 15:31 Uhr).