Rail Labor Opposes Ancora's Proposed Ouster of Norfolk Southern CEO - TTD

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.