Posted 4/9/2024, 1:39:00 PM
Norfolk Southern Agrees to $600 Million Settlement for East Palestine Train Derailment Damages
- Norfolk Southern reaches $600M settlement for East Palestine train derailment
- Settlement intends to compensate residents for injuries and damages from chemical spill
- Covers class action claims within 20-mile radius, personal injury claims within 10 miles
- Comes after NS already pledged over $100M in assistance to community
- Settlement increased NS operating expenses by $691M, but company still made $2.9B in profit
