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.
East Palestine, Norfolk Southern reach $22M settlement over derailment
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 Village of East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from a disastrous train derailment near the Ohio-Pennsylvania b
The 40% improvement in operating earnings comes as the railroad settled a key claim over a 2023 Ohio derailment.
Norfolk Southern’s solid fourth quarter — combined with the support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025.
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.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.
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,
Zimmer Biomet Holdings, Inc. plans to acquire a Colorado-based business with "an extensive suite of surgical offerings and product systems spanning all major foot and ankle segments."
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