Interested in working with us? Call us on (800) 752-0042 or fill out this quick form and we will contact you within 24 hours!
Check out our testimonial library featuring clients discussing their experiences, and learn
Why Clients Choose Us

Authored By: John M. Cooper, Esquire
The New York Times (June, 2008) is reporting that railroad stocks are on the rise despite the turbulent market.
Major railroad stocks like CSX (whose shares are up 50%), based in Jacksonville Florida, and Union Pacific (up more than 30%) can credit the upward trend to their exposure to coal and grains, both of which are also doing very well in the market. Transportation analysts say that railroads have been improving their business for years. Rising fuel prices haven’t impacted railroads as much as trucking companies and other transportation sectors because of railroads’ use of diesel as opposed to gas and their ability to transport more tons per gallon of fuel than for instance trucking companies.
Locally, here in Hampton Roads, Virginia (VA), Norfolk-based Norfolk Southern’s stock has risen 35%, though it is one of the least popular major rails, according to the Times, due to its relatively higher reliance on the declining auto and housing construction sectors. Kirekeby, a railroad analyst at S&P, says he expects Norfolk Southern to “benefit from rising coal exports, which have increased since the dollar has fallen against the euro.”
As a FELA attorney representing railroad workers, I always wonder if more money for the corporations will benefit the average carman or railroad clerk. The railroads still treat workers who get hurt on the job poorly, it seems, regardless of the economics of the rail industry.
Main VA Office
1294 Diamond Springs Road
Virginia Beach, VA 23455
Phone: (757)-460-7776
Fax: (757)-460-3428
Toll Free: 1-800-752-0042
Get Directions
Hampton-Peninsula Area Office
Mill Point Center
101 Eaton Street
Hampton, Virginia 23669
Phone: (757)-788-8162
Get Directions
North Carolina Office
101 E. Elizabeth Street
Elizabeth City, NC 27909
Toll Free: 1-800-752-0042
Get Directions
Main VA Office
1294 Diamond Springs Road
Virginia Beach, VA 23455
Phone: (757)-460-7776
Fax: (757)-460-3428
Toll Free: 1-800-752-0042
Hampton-Peninsula Area Office
Mill Point Center
101 Eaton Street
Hampton, Virginia 23669
Phone: (757)-788-8162
North Carolina Office
101 E. Elizabeth Street
Elizabeth City, NC 27909
Toll Free: 1-800-752-0042
DISCLAIMER: PLEASE NOTE THAT EVERY CASE IS DIFFERENT, AND THE VERDICTS AND SETTLEMENTS MENTIONED ON THIS WEBSITE, WHILE ACCURATE, DO NOT REPRESENT WHAT WE MAY OBTAIN FOR YOU IN YOUR CASE.
Awarded: The Jacksonville, Florida State Court jury returned a $978,000.00 verdict in favor of TA against the railroad.
Awarded: Several days before court-ordered mediation, the parties arrived at a settlement of $950,000.00.
Awarded: The case was settled for $900,000
Awarded: Confidential
How is the FELA different from, or similar to, workers compensation?