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Feds point to overheated wheel bearing in report on Ohio train derailment - TL;DR CNBC

Feds point to overheated wheel bearing in report on Ohio train derailment

Publishing timestamp: 2023-02-23 15:55:39


Summary

Federal authorities have identified an overheated wheel bearing on a Norfolk Southern train as the cause of a derailment and release of toxic chemicals in East Palestine, Ohio. The National Transportation Safety Board's preliminary report outlined several operational concerns and noted that the train was traveling below the speed limit. The NTSB will focus on wheelset and bearings, tank car design and maintenance procedures, derailment damage, inspection practices and review of accident response. The derailment caused a one-mile evacuation zone and the release of a highly flammable carcinogen. The NTSB has not identified any operational issues with wayside defect detectors, nor any track defects. The former President Donald Trump visited the site and the Transportation Secretary Pete Buttigieg has sent a letter to Norfolk Southern warning them to demonstrate unequivocal support for the people of East Palestine.


Sentiment: MIXED

Tickers: NSC

Keywords: businessbusiness newsnorfolk southern corppete buttigiegpalestineclimatetransportation

Source: https://www.cnbc.com/2023/02/23/ntsb-norfolk-southern-train-derailment-preliminary-report.html


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