Norfolk Southern Agrees to $310M Settlement for Ohio Train Derailment

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Source: The New York Times
Norfolk Southern Agrees to $310M Settlement for Ohio Train Derailment
Photo: The New York Times
TL;DR Summary

Norfolk Southern has agreed to a $310 million settlement with the federal government to cover costs and claims from the February 2023 train derailment in East Palestine, Ohio, which involved hazardous materials. The settlement includes funds for environmental cleanup, health monitoring, and rail safety improvements, though the company did not admit liability.

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