A Senate committee on Wednesday approved a rail-safety bill introduced after the derailment of a freight train in East Palestine, Ohio, but its fate remains uncertain due to significant Republican opposition.
Ian Jefferies, president of the Association of American Railroads, said those negotiations have improved the bill, but “challenges remain with certain provisions,” including a requirement for at least two crew members on each train.
In his letter late Tuesday to committee members, Norfolk Southern CEO Shaw said that while the company has accrued nearly $400 million in charges for the derailment, that doesn’t include compensation for falling property values, long-term health care or water treatment. It also does not reflect payments the railroad will receive from insurance.
The federal government, the state of Ohio and residents near the crash have all filed lawsuits against Norfolk Southern.Copyright AP - Associated Press
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