The derailment ‘obfuscates’ the broader trend of improved railroad safety, one analyst said.
The derailment of a train carrying hazardous materials on the outskirts of East Palestine, Ohio, is a public-relations nightmare for carrier Norfolk Southern Corp. and for the rail industry, Cowen analyst Jason Seidl said Friday.
Local residents are seeking answers to their questions about the health effects of the toxic chemicals that were spilled or burned off. Also read: Norfolk Southern is in the spotlight after Ohio derailment disaster. What does it mean for the carrier’s stock? Last week the National Transportation Safety Board issued its preliminary report on the accident, indicating that the train crew did not receive a critical warning on an overheated axle until just before the derailment.
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EPA orders Norfolk Southern to pause contaminated waste disposal, instills review and approval processThe Environmental Protection Agency announced Saturday that Norfolk Southern has been ordered to pause its removal of contaminated waste from the train derailment site in East Palestine.
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EPA tells Norfolk Southern to temporarily stop shipping toxic train derailment wasteThe EPA has ordered Norfolk Southern to stop shipping toxic waste out of East Palestine, Ohio, after complaints from residents and officials in other states.
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A Norfolk Southern policy lets officials order crews to ignore safety alertsThe National Transportation Safety Board will be looking into the company’s rules, including whether that specific policy played a role in the Feb. 3 derailment in East Palestine.
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