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Norfolk Southern profits complicated by Ohio derailment insurance payments, proxy fight and productivity

Summary by The News-Herald
By JOSH FUNK Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient. The Atlanta-based railroad said it earned $737 million, or $3.25 per share, in the quarter, but there were several […]
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