A Norfolk Southern cargo train derailed on Saturday near Springfield, Ohio, but officials said hazardous materials weren’t involved. The derailment comes a month after a Norfolk Southern train derailed in East Palestine, Ohio, causing a chemical fire. Officials on Sunday were investigating what caused a Norfolk Southern train to leave a track near Springfield, Ohio, in the company’s second major derailment in the state in recent weeks.
Articles
By: Jemal R. Brinson, Costas Paris
The company plans to increase the number of temperature, acoustic detectors on its network. Here’s how they work.
By: Costas Paris
The railroad faces probes on its safety practices after the Feb. 3 accident created an environmental mess in East Palestine, Ohio.
By: Costas Paris
The railroad faces probes on its safety practices after the Feb. 3 accident created an environmental mess in East Palestine, Ohio.
By: Costas Paris, Joe Wallace
A burst of U.S. exports to China is driving up charter rates for the world’s biggest crude tankers.
By: Costas Paris
UBS Group has taken over Credit Suisse's $10 billion shipping portfolio as part of its emergency takeover on Sunday. Credit Suisse is the world's 10th largest shipping bank, while UBS is largely not involved in
By: Costas Paris
UBS Group AG likely will shrink the $10 billion shipping portfolio it inherited from Credit Suisse Group AG after its emergency takeover on Sunday, according to people familiar with the matter. Credit Suisse is the world’s 10th largest shipping lender. About half its portfolio involves Greek shipow
The derailment west of Minneapolis causes a fire and prompts residents in Richmond to evacuate
Vessel operated by Turkish company was moving product from Kuwait to Houston.
By: Costas Paris
Ship operators Maersk and Hapag-Lloyd say the price to haul goods to the U.S. and Europe needs to rise to cover operating costs.