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Norfolk Southern has agreed to a $600 million settlement to resolve class action lawsuits filed after a freight train derailed in East Palestine, Ohio, spilling toxic chemicals into the community.
Norfolk Southern CEO Alan Shaw is interviewed by reporters in front of some of the tank trailers that are being used to transport water away from the derailment site, Tuesday, Feb. 21, 2023, in ...
WASHINGTON (Reuters) -U.S. railroad operator Norfolk Southern has agreed to pay $600 million to settle a class action lawsuit over a February 2023 East Palestine, Ohio train derailment that ...
A black plume rises over East Palestine, Ohio, as a result of a controlled detonation of a portion of the derailed Norfolk Southern trains Feb. 6, 2023.
Norfolk Southern Railway offered $1,000 payments to locals to "cover costs related to the evacuation". Some residents expressed concerns that taking these payouts would limit their ability to join future legal actions. [122] On February 4, Norfolk Southern donated $25,000 to the Red Cross to support its efforts in East Palestine.
Norfolk Southern (NYSE:NSC), a prominent player in the freight rail industry, announced its fourth-quarter 2024 results on January 29, 2025. These results surpassed Wall Street expectations, with ...
The federal government agreed to a $15 million fine for Norfolk Southern over last year's disastrous derailment in East Palestine, Ohio, and the railroad promised to pay more than $500 million to ...
Norfolk Southern railroad is recovering from a “hardware-related technology outage” that disrupted train traffic across its network in the Eastern United States Monday, but there may be ...