The appointments of Talton-Buck and Kolar are expected to enhance Norfolk Southern's brand building, crisis management, and compliance capabilities. Their extensive experience in their respective fields is anticipated to bring significant value to the company.
I'm interested in investing in short line railroad since they seem to be the target of a lot of State-level government grants, funding initiatives, and tax incentives and I suspect many will soon be acquired by the Class I rail operators like NSC, CSX, CP, CNI, etc. However, only these large railroads appear to be publicly traded. Does anyone have ideas about how one might go about investing in these Class II railroads?$Norfolk Southern(NSC.US)$$CSX Corp(CSX.US)$
Ancora's aggressive strategy prompts company to appoint new board members. Ancora criticizes current management for lack of credible plan and viable record, indicating bearish sentiment towards Norfolk Southern's leadership.
Norfolk Southern views Ancora's strategy as shortsighted, potentially jeopardizing recent progress. Ancora-led investor group and several regulators doubt the current leadership's credibility and fear a change could harm safety efforts.