norfolk southern covid policy for employees

The average train length has increased 25percent since 2008 to about 1.4 miles, according to a Government Accountability Office report published in May. 650 W. Peachtree Street NW, Atlanta, Georgia 30308, Establishing Rail Service on Privately Owned Track, Establishing Rail Service on NS Owned Track, Rossville International Intermodal Optimized Stack Operations and Appointment System, Adjusted Intermodal Container Handling Fees, Public Tariff Announcement NSQ 72824 - effective May 1, 2023, Chicago 63rd St. Outgate Portal Temporary Closure, Board of Directors & Committee Membership, Norfolk Southern reports first quarter 2023 results, Norfolk Southern to announce Q4 2022 earnings, Norfolk Southern Reports Q4 and Full-year 2022 Results, Norfolk Southern reports third quarter 2022 financial results. is to create and maintain customer confidence with our services and communication. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Norfolk Southern and SMART-TD reach comprehensive tentative agreement on quality-of-life benefits, Norfolk Southern reports first quarter 2023 results. And connecting back to the first item, precision scheduling also means railroads are left with precision maintenance. Its at least a 50 page per trip process to get from point A to point B, and that is entirely unacceptable. Without the derailment costs, the railroad estimated that it would have made $1.1 billion, or $3.32 per share, exceeding the $3.15 Wall Street expected, according to a survey by Zacks Investment Research. Copyright 2023 The Associated Press. Digitization needs to happen very soon, and on a large scale or railroads will find themselves up against hard deadlines that leave them few choices to consider. For the quarter, income from railway operations was $711 million, and diluted earnings per share were $2 .04 down by 34% and 30%, respectively, compared to the first quarter 2022. Will your logo be here as well?. That means we are obligated by law to require vaccinations for our employees. It was enormous and only had two people working it. A worker safety advocacy group, the National Council on Occupational Safety and Health, issued a report Wednesday labeling Norfolk Southern and the other major freight railroads as some of the most dangerous employers in the nation because of those labor concerns about the impact of the cost cutting. The unions didn't immediately respond in court to BNSF's lawsuit Monday, but in the other lawsuits they have argued the railroads were violating the terms of their contract by requiring vaccines and by offering bonuses to workers if they do get vaccinated. They Refused to Fight for Russia. The $387 million estimate includes the $30.9 million the railroad pledged to help residents and the community around East Palestine recover from the derailment. ROANOKE Jeff Hollandsworth was told to do something recently that he had never done before in his many years working for Norfolk Southern Railway: Empty lockers. Yetthose who livenear the derailment site close to the Ohio-Pennsylvania border are fearful ofpossible long term health impactseven though officials say that repeated testing hasnt shown harmful levels of chemicals in the air or drinking water. I would use them again if needed. Thats down from $703 million, or $2.93 per share, a year ago. The income tax effects of this non-GAAP adjustment were calculated based on the applicable tax rates to which the non-GAAP adjustment related. Citi analyst Christian Wetherbee said the railroads core results were weaker than he expected and shares were down more than 3% Wednesday afternoon at $200.58. ATLANTA, May 15, 2020 /PRNewswire/ -- Despite economic challenges posed by the COVID-19 pandemic, Norfolk Southern is well-positioned to safely and Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. These efficiency gains helped the railroad achieve an adjusted operating ratio of 63.7% in the first quarter of 2020, when excluding the charge related to the disposition of locomotives. Earick said he used to love his job. The effort required innovation and collaboration, he noted, and ranged from equipping departments to work remotely, including most of Customer Service, to purchasing hand sanitizer from local distilleries in the midst of a nationwide shortage. WebNorfolk Southern honors the basic leave entitlements of the Family and Medical Leave Act, entitling employees to up to 12 weeks of unpaid job-protected leave for several reasons. Reconciliation of Non-GAAP Financial Measures Moving forward, Norfolk southern will be known for safe operations, Shaw said. COVID-19 Vaccines COVID-19 Vaccines Published October 4, 2020 Last Updated April 4, 2023, 7:11 pm Vaccines are crucial tools in the fight against deadly infectious diseases. Craft employees will be paid any 2022 vacation for which you are eligible. If youve been vaccinated, please share your status through the confidential process. The railroad will also have to reimburse the Environmental Protection Agency for its oversight of the cleanup. Thats better than the three previous years but still worse than a decade earlier when it reported 11.4 total accidents per million miles. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. You can do this by updating your Personal Information on SuccessFactors. I used their packing and moving service the first time and the second time I packed everything and they moved it. Norfolk Southerns history spans nearly two centuries to the earliest days of American railroading. Expenses jumped 32% to $2.4 billion, along with labor expenses tied to significant hiring over the past year and a new contract for employees. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. Railroads must quickly get up to speed with available technologies and they need to stay ahead of the curve moving forward. This system is for the use of authorized users only. In his remarks, Squires expressed confidence in the Norfolk Southern team, saying the company's agile response to the coronavirus pandemic demonstrates the railroad's resilience and unwavering commitment to customers and the communities it serves. Adjusting for the Eastern Ohio Incident, diluted earnings per share were $3.32, up 13%, or $0.39 compared to the first quarter 2022. That estimate doesnt include money Norfolk Southern, based in Atlanta, will put into funds to help cover any long-term health issues, protect drinking water and compensate residents for the loss in their property values because the details are still being worked out with Ohios attorney general. Forward-looking statements are not, and should not be relied upon as, a guarantee of future events or performance, nor will they necessarily prove to be accurate indications of the times at or by which any such events or performance will be achieved. Every economic downturn since World War II has been precipitated by nose-diving freight traffic. We fundamentally changed the way we operate over the last 2 years, said Bryan Tucker, vice president of communications at CSX. Now, after PSR, railroads are running more trains with mixed goods and on a set schedule that leaves no matter what. UP on Oct. 13 announced on its website that it is complying with the executive order requiring employees of federal contractors be fully vaccinated by Dec. 8. UP and its unions are suing each other over that requirement. The railroads have said that employees will be disciplined if they fail to comply with the vaccine mandate. Volume was flat overall. The federal deadline for employees to be fully vaccinated is December 8. Youre not getting a callback, said Earick, 32. This greatly decreases chances for infection. Diluted earnings per share were $2.04 in the first quarter 2023, a decline of 30% compared to first quarter 2022. Review Norfolk Southerns operating reports and the terms used to report performance in one convenient location. Also, many railroad terminals have several structures that exist for this purpose alone to house operations that could be managed remotely. "Norfolk Southern has a history of successfully managing through business cycles and challenging economic environments," Squires said. Felicia Hagler - via Google, In the middle of a big move and so far Jay Casey has been immensely helpful to us with all the details! Income from railway operations in the first quarter 2023 was $711 million including a $387 million charge associated with the Eastern Ohio Incident, a 34% decline compared to $1.1 billion in the first quarter of 2022. For example, eliminating inefficient train miles by eliminating stops, closing terminals and other actions has helped reduce headcount significantly, but this means our lean, mean train and engine workforce team are more valuable than ever. Our response reflects our strategy of focusing on long-term priorities and value.". ", Squires' full remarks are posted on the "Invest in NS" section of the Norfolk Southern website under "Presentations.". But railroad stocks soared in 2019 after rail executives embraced automation and cost-cutting to remain profitable, doubling down on the idea that rails future entails longer, faster trains and fewer workers. Norfolk Norfolk has access to roughly $26 million in federal money to help the city government respond to the coronavirus pandemic. Review Norfolk Southerns operating reports and the terms used to report performance in one convenient location. All rights reserved. Beyond not being sustainable, its not the best for safety either. If you suffered losses exceeding $100,000 investing in Norfolk Southern stock or options between October 28, 2020 and March 3, 2023, both dates inclusive (the This information will be treated as confidential medical information and handled as such. Workers say the peak never came in 2019. For helpful informationvisit our FAQ page. From the beginning, we have been guided by one principle: We are going to do whatever it takes to make it right for East Palestine and the surrounding areas, said Norfolk Southern President and Chief Executive Officer Alan H. Shaw. What they [customers] are getting in terms of service quality today is off the chart, James M. Foote, president of CSX told investors at a November investment conference in Tennessee. As it has with everything else in the world, COVID-19 has impacted railroading in a variety of waysand staffing is one of them. from 8 AM - 9 PM ET. We haul tanks, Humvees, and jet fuel for the U.S. Department of Defense and deliver coal to the federally run Tennessee Valley Authority. Rail executives say PSR enhances on-time delivery for customers. Our emphasis on superior service will continue to drive our long-term growth strategy. "As they always do in a crisis, our employees responded heroically," Squires said. The generational knowledge that was passed down previously is fast-disappearing, and workers will not have that same 1:1 contact with old hands regardless, so having institutional knowledge stored and readily available in digital format is the way of the future. Historically, railroads have carried headcount that can be quickly shed on a seasonal basis to correspond with traffic declines, offering steady employment nine months out of the year. In addition, these non-GAAP financial measures may not be the same as similar measures presented by other companies. While acknowledging that Norfolk Southern is not immune to COVID-19 disruptions, Squires reaffirmed his confidence in the company's overall financial standing, with access to ample liquidity and the lowest levels of capital expenditures since 2010. As part of a joint statement, SMART-TD President Jeremy Ferguson and BLET National President Dennis Pierce noted: We have been in contract negotiations with NS since November of 2019, and federal law absolutely bars railroads from changing rates of pay, rules and working conditions while negotiations are ongoing. All photographs taken prior to onset of the COVID-19 pandemic. (AP) Norfolk Southern expects Februarysfiery Ohio derailmentto cost it $387 million, but that total will likely increase over time and that doesnt reflect how much the railroads insurance companies will eventually cover. Federal Railroad Administration data shows that Norfolk Southern reported 12.95 train accidents per every million miles last year. WebOur Vision: Be the safest, most customer-focused and successful transportation company in the world. By leveraging the unique backgrounds and viewpoints of our employees, we can create a culture of innovation, respect, and inclusion. He was a locomotive engineer for Norfolk Southern for 20 years. Norfolk Southern said it has already spent about $55 million to dig up and remove nearly 34,000 tons of contaminated soil and trucked away another 13.2 million gallons of tainted water. The Biden Administration has issued an executive order and associated guidance mandating that federal contractors require vaccinations for all employees. Today, it operates a customer-centric and operations-driven freight transportation network. OUR MISSION. A centerpiece is the railroad's TOP21 operating plan, which has transformed how it operates trains on the network and contributed to record levels of train performance and service. Shaw pledged to continue working to improve that record as the railroad applies the lessons from East Palestine. "From the beginning, we have been guided by one principle: We are going to do whatever it takes to make it right for East Palestine and the surrounding areas," said Norfolk Southern President and Chief Executive Officer Alan H. Shaw. A worker safety advocacy group, the National Council on Occupational Safety and Health, issued a report Wednesday labeling Norfolk Southern and the other major freight railroads as some of the most dangerous employers in the nation because of those labor concerns about the impact of the cost cutting. Workers say they are concerned that radio signals sometimes go down between the front and back of long trains and that Americans dont like waiting for long trains to pass. Luke Nichols, 470-867-4807. Adjusting for the Eastern Ohio Incident, income from railway operations was $1.1 billion, up $13 million or 1% compared to first quarter 2022. Staffing efficiencies quickly became more than a cost initiative, as staffing ties directly into safety. And by practicing challenging or emergency scenarios regularly, overall safety and productivity correspondingly increase. Norfolk Southern and other major freight railroads have announced new safety measures, including more than 1,000 more trackside detectors. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The price they quote you is guaranteed and if your load comes in on the scales below the pounds they quote you they will refund you the difference you paid. For some, this news will require a difficult individual choice. Its very difficult for the operating crews and the towns and cities we operate through. Wall Street has applauded the changes, signaling this could be a model for other industries that encounter rough times. "We will get through the challenges ahead and emerge as an even stronger company," Squires said. The railroad provided a detailed estimate of the cost of Feb. 3 derailment outside East Palestine, Ohio, Wednesday along with first-quarter earnings. November marked the 10th straight month that rail freight deteriorated from the last years stellar traffic levels. Thats down from $703 million, or $2.93 per share, a year ago. Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its first quarter 2023 financial results. The seven major freight railroads have idled nearly 30percent of locomotives in the past year, according to the economist Blaze, as they aim to run fewer but longer trains. Cision Distribution 888-776-0942 Federal judges have yet to rule on any of these lawsuits related to the railroads' vaccine requirements. Dan Bostek,Director of Operations Practices and Special Projects at Norfolk Southern, says, The use of remote simulation monitoring and training was a novel idea to many in the rail industry in 2020. Norfolk Southern Railway Co has filed a lawsuit seeking to block its employees' unions from suing over a COVID-19 vaccine mandate and to prevent its The White House claimed not. It makes for very bad train handling. A Union Pacific spokeswoman said the average train length is about 1.5miles. This change resulted in a hiring process that has become wasteful and unsustainable. Forward-looking statementsCertain statements in this press release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. While the company has withdrawn guidance for revenue and the operating ratio in 2020, Squires said the railroad remains committed to its 2021 goal of driving down the OR to 60%. The unions, which have filed some of their own lawsuits in response, argue that the railroads should have negotiated with them before imposing their mandates. In some cases, forward-looking statements may be identified by the use of words like may, will, could, would, should, expect, plan, anticipate, intend, believe, estimate, project, consider, predict, potential, feel, or other comparable terminology. BNSF has contended the new attendance policy, effective Feb. 1, provides more transparency with work schedules. Technology allows operations to push this information to each member electronically, eliminating the need to physically report to a building. GAAP financial results are adjusted to exclude the effects of a February 3, 2023 train derailment in East Palestine, Ohio that included 11 non-Company-owned tank cars carrying hazardous materials, fires associated with the derailment that threatened certain of the tank cars, and a controlled vent and burn procedure conducted on February 6, 2023 on the five derailed tank cars containing vinyl chloride (the Incident). About Norfolk Southern Some routes are now gone or downsized. Staffing Efficiencies Closely Tied to Safety and Resiliency. "We'll continue to manage our assets well and control our costs. Fact-checking Trumps reaction to Bidens reelection announcement. This article was published more than3 years ago. ATLANTA, April 26, 2023 / PRNewswire / -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its first quarter 2023 financial results.
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