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Norfolk Southern CEO says Ohio town safe after chemical train derailment - TL;DR CNBC

Norfolk Southern CEO says Ohio town safe after chemical train derailment

Publishing timestamp: 2023-02-21 17:04:50


Summary

Norfolk Southern CEO Alan Shaw pledged support for East Palestine, Ohio, after a train derailment released toxic chemicals. The Environmental Protection Agency ordered the company to handle and pay for all cleanup efforts. Shaw said it is safe for families to return to the town and the company will continue to help residents. Tests have revealed no signs of carcinogens in the environment, but the full impact may not be known for years. The company has reimbursed or committed $6.5 million to East Palestine and will continue financial assistance to residents.


Sentiment: NEUTRAL

Tickers: NSC

Keywords: pete buttigiegbusinesspoliticsnorfolk southern corpohiotransportationclimatebreaking news: businessbusiness news

Source: https://www.cnbc.com/2023/02/21/norfolk-southern-ceo-east-palestine-ohio-safe.html


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