Norfolk Southern paying $22M to East Palestine, Ohio, in derailment settlement
East Palestine settles with Norfolk Southern
With the statute of limitations to file suit against Norfolk Southern for damages inflicted by the 2023 train derailment and subsequent chemical release less than a week away, East Palestine Council announced the village and the railroad have reached a settlement.
· 1d · on MSN
East Palestine, Norfolk Southern reach $22M settlement
A Norfolk Southern train derailment in East Palestine, Ohio, spilled chemicals, sickening residents. Now researchers are tracking the long-term health effects.
Norfolk Southern CEO Mark George said the company is turning the corner into 2025 with “strong” financial results that make him optimistic about the future.
The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.
EAST PALESTINE, OHIO — Norfolk Southern and East Palestine reached a settlement over the February 2023 derailment that sent toxic chemicals into the area's air, soil and creeks, the village said.
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from the disastrous 2023 train derailment near the Ohio-Pennsylvania border that prompted a national reckoning on railroad safety.
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D
Shares of railroad operator Norfolk Southern (NSC) are chugging higher after the company reported earnings growth and said it was on track for
Operational and other improvements helped Norfolk Southern meet or exceed financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
A former Canfield property owner became the latest to file a lawsuit against Norfolk Southern over the Feb. 3, 2023 train derailment and chemical incident, seeking more than $1 million in damages. Howard Perlmuter and the Howard Ernest Perlmuter Family Trust,
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.
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