The German rail industry has been facing significant disruptions due to a strike by train drivers, leading to delays and increased logistics costs. The strike has prompted Deutsche Bahn, the national railway company, to face a record payout of €133 million for train delays in 2023. In a related development in the United States, Norfolk Southern reported missing profit estimates after taking a $1.1 billion hit from a derailment incident in 2023. However, the German train drivers' strike has ended earlier than planned as wage negotiations have resumed, signaling a potential easing of the industrial action's impact on the industry.
German train operators decide to conclude strike ahead of schedule as talks resume https://t.co/NtPNBPLxzP https://t.co/LA9X0MNG7L
German rail strike ends early as wage negotiations resume https://t.co/FmA4Se09Jj via @chrishreiter https://t.co/wdSN94g4DD
German train drivers to end strike early as negotiations resume https://t.co/LmgFj0b72H https://t.co/624EHZw5Qz
Norfolk Southern misses profit estimates, says it took $1.1 bln hit from derailment in 2023 https://t.co/aIuotZgc0m https://t.co/yn3s2mskdu
Deutsche Bahn faces record €133 million payout for 2023 train delays https://t.co/bo8xo8yuER https://t.co/cPz7Lv2vCv
#Germany: rail strike starting to impact industry with delays, logistics costs https://t.co/7Vl9ljLpV0