norfolk southern covid policy for employees

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. 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 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. 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. Join OAR in bridging connections with first responders. Both Union Pacific and Norfolk Southern are offering employees $300 if they get the shots. Reconciliation of Non-GAAP Financial MeasuresInformation included within this filing includes non-GAAP financial measures, as defined by SEC Regulation G. Non-GAAP financial measures should be considered in addition to, not as a substitute for, the financial measures reported in accordance with U.S. generally accepted accounting principles (GAAP). 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. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. You can apply at the same place you share your vaccination status by choosing Personal Information on SuccessFactors. 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. Hello, you need to have JavaScript enabled to view this website. Volume was flat overall. All employees need to provide their status by November 8, regardless of whether they are vaccinated, and even if they shared their status previously. They found they can hook two trains together and cut a crew, said a Union Pacific engineer based in Cheyenne, Wyo., who spoke on the condition of anonymity out of fear for his job. The railroads defend their record as the safest way to transport hazardous chemicals over land and say recent changes to eliminate nearly one-third of all rail jobs and rely more on fewer, longer trains havent compromised safety. Squires said the economic downturn triggered by COVID-19 will impact the railroad's business, noting that traffic volumes decreased by 11% in the first quarter of 2020 and continue to trend downward. Ive been one of the fortunate few who have never been laid off, Hollandsworth said. Fully automated freight trains began running in Australia about a year ago, a possible precursor of whats to come. Regulatorsandmembers of Congresshave proposed reforms like capping freight trains lengths and setting standards for the trackside detectors used to spot problems. If you need to ONLY access mainframe HORSE functions such as CREW CALL or MEMO, you may do so Now I go in every day wondering if this is it., Comparisons of claims against the evidence, Railroads are slashing workers, cheered on by Wall Street to stay profitable amid Trumps trade war, Bidens misleading deficit claim earns him a Bottomless Pinocchio. This is critical for us to meet the compliance deadline and plan for potential impacts. Multiple rail executives took the stage at the Stephens Nashville Investment Conference that month to stress that while rail volumes were down, employee head count and other costs were down even more, ensuring the companies remained highly profitable. Norfolk Southern reports first quarter 2023 results. Rail executives say these changes are delivering more reliable service that can better compete against trucks. Theyve gone from a mile, mile and a quarter, to two to three miles long, said Scott Wilcox. 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 Company recognized $387 million of expenses during the first quarter related to the Incident. That means we are obligated by law to require vaccinations for our employees. Even if business bounces back, the industry embrace of PSR promises to hold down the need for more workers. The strategy has taken hold among major U.S. freight railroads since 2017, as executives hunted for a way to increase profits to make up for shrinking coal traffic and the recent downturn in the industrial economy. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. The income tax effects of this non-GAAP adjustment were calculated based on the applicable tax rates to which the non-GAAP adjustment related. Its unsafe to have rail crossings blocked so long.. The Department of Justice today announced criminal charges against 18 defendants in nine federal districts across the United States for their alleged participation The railroad does have insurance coverage that will kick in after the first $75 million spent on damage to peoples property and after the first $75 million of damage on its own. At its worst, each crew member gets a paper copy (often several pages) of the train consist and other instructions. 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 The class action complaint against Norfolk Southern, captioned Bucks County Employees Retirement System v. Norfolk Southern Corporation, et al. Its at least a 50 page per trip process to get from point A to point B, and that is entirely unacceptable. But the employment losses are being exacerbated by the industrys embrace of new technology and a newly efficient technique of directing rail traffic known as Precision Scheduled Railroading, or PSR, that is transforming the economics of the business. Management employees will be paid for If youve been vaccinated, please share your status through the confidential process. 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. Norfolk Southern estimates Ohio derailment will cost $387M, New treatment for newborns with opioid withdrawal shows promise, study says, Manhunt continues for man accused of gunning down neighbors, Feds: Hospitals that denied emergency abortion broke the law, House Speaker McCarthy to address Israels Knesset. 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 Heres how the new requirement affects us: Whether you support the mandate or have concerns about vaccination, lets rise to the challenge by showing each other the mutual respect that is such an important value in our culture. Its a huge issue. Our training requirements could not be sustained due to COVID restrictions, says Michael Urena, Manager, Transportation Training, Training and Development, CN. We know railroads are the most environmentally friendly transportation solution, as they reduce emissions by taking trucks off of highways. BNSF, Norfolk Southern and Union Pacific are three of the largest U.S. railroads. ATLANTA, April 26, 2023 / PRNewswire / -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its first quarter 2023 financial results. In official business, based on preliminary results, shareholders elected 13 directors for terms expiring in 2021: In other preliminary results, shareholders approved three proposed amendments to the corporation's amended and restated articles of incorporation; ratified appointment of KPMG LLP as independent auditors for 2020; approved an advisory resolution on the compensation of executive officers; and rejected a proposal regarding shareholders' right to act by written consent. This cloud. That derailment, andotherssince then, sparked anationwide focuson railroad safety. Norfolk Southern is a major transporter of industrial products, including chemicals, agriculture, and metals and construction materials. While the Company believes that these non-GAAP financial measures are useful in evaluating the Company's business, this information should be considered as supplemental in nature and is not meant to be considered in isolation from, or as a substitute for, the related financial information prepared in accordance with GAAP. . We have based these forward- looking statements on our current expectations, assumptions, estimates, beliefs, and projections. Also, many railroad terminals have several structures that exist for this purpose alone to house operations that could be managed remotely. Servicing Northern California For Over 25 Years, Select The Service Your Interested InDocument ShreddingRecords ManagementPortable StorageMoving ServicesSelf StorageOffice MovingMoving Supplies. For the Norfolk Southern (NS) on Oct. 20 notified all employees that it will require them to receive the COVID-19 vaccination by Dec. 8; on Oct. 22, the railroad filed suit to block its unions from suing and its employees from striking over the mandate; now, the unions have countersued. And in light of COVID, safety has expanded to include a focus on resiliency, as a tighter headcount requires a more proactive approach to keep trains running on schedule. 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. They point to a safety record that shows the industry is far safer today than it was two decades ago, although there have been several major derailments in recent weeks. These results include an initial $387 million charge associated with the incident in Eastern Ohio and do not reflect any amounts potentially recoverable under the companys insurance policies, which would be reflected in future periods in which recovery is considered probable. And also more susceptible to risk than ever. While the U.S. economy overall is growing moderately, the railroad industry is a cautionary sign of the ongoing pain in the industrial sector and the deep structural changes underway in the economy that are eliminating middle-class jobs. Hello, you need to have JavaScript enabled to view this website. The Department of Justice today announced criminal charges against 18 defendants in nine federal districts across the United States for their alleged participation in various fraud schemes involving health care services that exploited the COVID-19 pandemic and allegedly resulted in over $490 million in COVID-19 related false billings to federal Revenue grew 7% to $3.13 billion, in line with expectations, as it increased rates for most of the cargo it delivered. More than 20,000 rail workers have lost their jobs in the past year, the biggest layoffs in rail since the Great Recession and a nearly 10percent decline in rail employment, according to Labor Department data through November. President Trumps trade war has hit agriculture and manufacturing hard, causing lower demand for companies that move freight. WebAt Norfolk Southern, we believe in celebrating our individuality. The unionsthe Transportation Division of the International Association of Sheet Metal, Air, Rail, and Transportation Workers (SMART-TD) and the Brotherhood of Locomotive Engineers and Trainmen (BLET)reported on Oct. 29 that they have filed counterclaims challenging NS actions in implementing the vaccine policy without the bargaining mandated by the Railway Labor Act. NS, SMART-TD Reach Tentative Agreement on Workplace Enhancements, UP Embargo Update: Were Making Significant Progress, NARS 2023 Annual Meeting: A New Era in Railroading, MxV Rail Speeds PuebloPlex Track Construction Projects, Canadian Regulator Announces VRCPIs for Crop Year 2023-24, Class I Briefs: BNSF, CN, CPKC, CSX, CPKC/NS/UP, FRA Safety Advisory: Train Length a Critical Factor, CARB Passes New In-Use Locomotive Regulation, CN, UP, GMXT Launching Falcon Premium (Updated April 26 with UP STB Service Metrics). 1. Forward-looking statements To find a Port of Entry in your state or territory, select it in the map below or use the form in the right column. As Hollandsworth cut the locks and removed his former co-workers coats, hats, power tools and hefty company rule books, he couldnt shake the feeling that the layoffs were different this time. 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. BNSF Railway has gone to court to determine whether it has the authority to require all its employees to get vaccinated against the coronavirus. WebCOVID-19 Masking Policy at Norfolk Department of Public Health Visitors can now enter non-clinical spaces in the Norfolk Department of Public Health facilities without using a The Law Did Not Treat Them Kindly. Shaw reiterated his often-stated promise Wednesday to do whatever it takes to make it right for East Palestine and the surrounding areas.. Weve encouraged employees to follow guidance from public health experts regarding vaccination, but we havent mandated vaccination as some companies have done. 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 and other major freight railroads have announced new safety measures, including more than 1,000 more trackside detectors. Shareholders at railroads are looking at the financial success of PSR and now every single big railroad is trying to adopt some form of this, Swan said. These results include an initial$387 million charge associated with theincident inEastern Ohio and do not reflect any amounts potentially recoverable under the company's insurance policies, which would be reflected in future periods in which recovery is considered probable. After reviewing the order carefully to be certain, we determined that we are covered under the mandate. (See full memo below.). 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). Hiring and Furloughing Practices Require Rethinking. Today, it operates a customer-centric and operations-driven freight transportation network. By continuing to execute our strategic plan and provide superior service to our customers, we will move through this period successfully and be ready to capture opportunities as the economy recovers. Norfolk Southern and other major freight railroads have announced new safety measures, including more than 1,000 more trackside detectors. Now the situation has changed. They craved stability, and they realized they have options. Question: How has Norfolk Southern Corp responded to the COVID-19 outbreak? When typing in this field, a list of search results will appear and be automatically updated as you type. Adjusting for the effects of the incident charge, first quarter results included adjusted income from railway operations of $1.1 billion and adjusted diluted earnings per share of $3.32 improvements of 1% and 13%, respectively, compared to first quarter 2022. The railroad will also have to reimburse the Environmental Protection Agency for its oversight of the cleanup. All rights reserved. When workers are continuously learning and increasing their value in their craft as an industry expert, they both appreciate their work and feelappreciatedby the railroad. The Department of Justice today announced criminal charges against 18 defendants in nine federal districts across the United States for their alleged participation in various fraud schemes involving health care services that exploited the COVID-19 pandemic and allegedly resulted in over $490 million in COVID-19 related false billings to federal (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. 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. 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. ATLANTA, April 26, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its first quarter 2023 financial results. According the NS petition, Reuters reported, the unions contend that imposition of a mandate constitutes a unilateral change to bargaining agreements in violation of the federal Railway Labor Act. If you need an accommodation, please seek one. Our areas of expertise include Commercial Moving Services, Warehousing, Document Shredding and Storage Solutions. BNSF railroad filed a lawsuit Sunday against its major unions over its mandate. But the details of how much insurance will actually cover will be worked out over time. We fundamentally changed the way we operate over the last 2 years, said Bryan Tucker, vice president of communications at CSX. 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. We're keeping the steel wheels moving as we play our part to keep the shelves stocked and the lights on.". But now, rail industry leaders are cautiously optimistic. Norfolk Southern (@nscorp) February 17, 2022 Starting pay for employees begins at $52,000, which increases over four years to a minimum of around $63,500. 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. That work is expected to wrap up in early June, which will boost traffic in the area. They have a great system for tracking your belongings and a system for checking to make sure you got all of your belongings once you arrive at your destination. Apply for this job Revenue grew 7% to $3.13 billion, in line with expectations, as it increased rates for most of the cargo it delivered. Beyond not being sustainable, its not the best for safety either. The derailment cleanup has slowed traffic on a busy east-west corridor for the railroad because it has only had one of its two tracks in service since March while it is digging up contaminated soil. A Norfolk Southern spokeswoman said the company was focused on increasing efficiency and profitable growth and that as our business changes, so too do our personnel needs. Union Pacific stressed the environmental benefits of moving goods by rail instead of truck. Diluted earnings per share were $2.04 in the first quarter 2023, a decline of 30% compared to first quarter 2022. These and other important factors, including those discussed under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission (the SEC), as supplemented in Part II, Item 1A of our Form 10-Q to be filed with the SEC on the same date as this press release, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward- looking statements. The federal deadline for employees to be fully vaccinated is December 8. laura lehn - via Google, I highly recommend Mayflower. Our response reflects our strategy of focusing on long-term priorities and value.". But Norfolk Southern said that because its bargaining agreements allow it to make changes in order to comply with new laws, including Bidens executive order, it has not violated the RLA.

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