The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared

[ad_1] One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet. Companies in the S&P 500 spent $65…

Supreme Court Gives State Courts More Power Over Corporate Defendants

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Railroads Offer Paid Sick Leave, Better Work Conditions After Yearslong Efficiency Push

[ad_1] Union Pacific, CSX and Norfolk Southern agree to labor-friendly policies to ease staffing strains. [ad_2] Source link

Norfolk Southern Expects Ohio Derailment to Cost $387 Million

[ad_1] The railroad operator said it expects its insurance policies to cover some of the losses in connection with the derailment in a small town earlier this year. [ad_2] Source…

Drop in Transportation Stocks Foreshadows Weakening Economy

[ad_1] The Dow Jones Transportation Average has badly underperformed the Dow Jones Industrial Average since early February. [ad_2] Source link

WSJ News Exclusive | Railroad Group Cancels Order to Change Wheels on Hundreds of Railcars

[ad_1] WSJ News Exclusive U.S. National Steel Car says its railcars weren’t responsible for recent train derailments [ad_2] Source link

Norfolk Southern Derailment Spurs Questioning of Turnaround King’s Strategy

[ad_1] The late E. Hunter Harrison, who ran four of North America’s major railroads, is credited with transforming the railroad industry by spreading a philosophy of aggressive cost-cutting. But criticism…

Justice Department, EPA Sue Norfolk Southern Over East Palestine Derailment

[ad_1] Government alleges that East Palestine, Ohio train derailment discharged hazardous substances that violate the Clean Water Act. [ad_2] Source link

What’s Behind Train Derailments and Are They Happening More Often?

[ad_1] Recent train derailments, including one in a small Ohio town, have prompted officials to examine what is causing the accidents and whether they are happening more frequently.  Derailments rank…

Ohio Sues Norfolk Southern Over East Palestine Train Derailment

[ad_1] Business Law Rail company says it looks forward to resolution with Ohio attorney general [ad_2] Source link