Activist Ancora endorsed by second Norfolk Southern union
The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.
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The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.
A second Norfolk Southern union said Friday it would back activist Ancora's efforts to elect seven directors and oust CEO Alan Shaw, a sign of labor…
Railroad industry news about: Brotherhood of Maintenance of Way Employes Division-International Brotherhood of Teamsters, BMWED-IBT, Ancora Holding Group LLC, Norfolk Southern Railway, NS President and CEO Alan Shaw, Tony Cardwell. From the editors of Progressive Railroading Magazine
Ancora Holdings Group is pushing for a new CEO at Norfolk Southern – but not because it wants the railroad to spend more on safety initiatives.
Earlier in April, the company disclosed a $600 million settlement over the disastrous February 2023 Ohio derailment.