NORFOLK SOUTHERN: Gets Demand Letter Over Fuel Surcharge Practice

Norfolk Southern Corp. disclosed that on March 3, 2010, the company received a Shareholder Litigation Demand Letter alleging that NS officers and directors breached fiduciary duties by causing NS to engage in anti-competitive practices relating to the use of fuel…

NORFOLK SOUTHERN: Arbitration on Avondale Mills Suit Ongoing

Norfolk Southern Corporation’s arbitration against an insurance carrier, involving a settlement in the Avondale Mills case, is underway.

In April 2008, the Company settled the lawsuit brought by Avondale Mills for claims associated with the Jan. 6, 2005, derailment in Graniteville,…