"$310M Settlement Reached for East Palestine Train Derailment"
Norfolk Southern will pay $310 million in a settlement with the US government for the February 2023 train derailment and chemical spill in East Palestine, Ohio. The funds will cover environmental cleanup, long-term monitoring, mental health services, and rail safety improvements. The settlement also includes a $15 million civil penalty for Clean Water Act violations. This follows a separate $600 million class-action settlement with residents, bringing Norfolk Southern's total estimated response cost to over $1 billion. The settlement awaits federal judge approval.
