08:02 AM EDT, 05/03/2024 (MT Newswires) -- Norfolk Southern ( NSC ) activist shareholder Ancora Holdings said Friday that advisory firm Egan-Jones has backed its slate of seven nominees to the railroad company's board.

According to Ancora, Egan-Jones said its director nominee slate "will provide a pathway for growth and competent railroad services and restore public trust at the same time."

Previously, Institutional Shareholder Services endorsed five of Ancora's seven nominees to the 13-member board, while Glass Lewis recommended that shareholders elect six of its seven candidates at the May 9 annual meeting

Norfolk Southern ( NSC ) and Egan-Jones did not immediately reply to MT Newswires' requests for comment.