this post was submitted on 11 Mar 2024
1 points (100.0% liked)

Trains

975 readers
1 users here now

Everything about trains and railroads

founded 2 years ago
MODERATORS
[email protected]
1
Rail Labor Opposes Ancora's Proposed Ouster of Norfolk Southern CEO - TTD (ttd.org)
submitted 1 year ago by [email protected] to c/[email protected]
0 comments fedilink hide all child comments
 

Ancora Holdings, an investment group, is looking to instil a new set of directors, citing safety issues and higher operating ratio (railroad investor speak for lower profit profit margin). The labour union AFL-CIO Transportation Trades Dept. president Greg Regan has put out a statement against this takeover attempt, citing these investors running Bed Bath & Beyond into the ground.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here