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NTSB opens probe into Norfolk Southern safety practices after 5 recent incidents - TL;DR CNBC

NTSB opens probe into Norfolk Southern safety practices after 5 recent incidents

Publishing timestamp: 2023-03-07 17:16:05


Summary

The National Transportation Safety Board has launched a special investigation into Norfolk Southern's organization and safety culture following a series of train derailments. The CEO of Norfolk Southern is set to testify before a U.S. Senate panel on the company's derailment in Ohio. The NTSB has urged the company to review and assess its safety practices and make necessary changes to improve safety. The investigation comes after five incidents involving Norfolk Southern, including the death of a conductor in Cleveland.


Sentiment: NEGATIVE

Tickers: NSC

Keywords: transportationbusiness newsnorfolk southern corppoliticsbusinessenvironment

Source: https://www.cnbc.com/2023/03/07/ntsb-opens-special-probe-into-norfolk-southern-safety-practices.html


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