Eleven rail labor groups maintain their support for Norfolk Southern management
by TrainsMag.com
TrainsMag.com— WASHINGTON — Well, you can bet there will be interesting discussions going on in Norfolk Southern locomotive cabs today. Just hours after the Brotherhood of Locomotive Engineers and Trainmen reversed course and said it would back activist investor Ancora Holdings in its bid to oust Norfolk Southern management, the SMART-TD union that represents conductors said []Read More
CNBC—Activist Ancora endorsed by second Norfolk Southern union, splitting labor support. The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.
The Independent—Investors trying to take control of Norfolk Southern railroad pick up key support. The activist investors trying to take control of Norfolk Southern are picking up key support
TrainsMag.com—Norfolk Southern loses support of engineers’ union in proxy battle with activist investor (updated). INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen is now backing activist investor Ancora Holdings and its call for management change at Norfolk Southern. The union’s decision, announced today, is the second in as many days: The union representing maintenance of way workers yesterday swung its support to Ancora. The unions represent 41.5% []Read More