Norfolk Southern Racks Up Initial $387 Million Charge For Ohio Disaster

  • Norfolk Southern said Wednesday how large the initial financial charge it was accruing in connection to the derailment in Ohio’s East Palestine area.
  • The rail operator’s initial charge has come in at an eye-popping $387 million, according to its latest quarterly earnings release.
  • The reporting of the $387 million charge came roughly nearly three months after the train derailment in the small Ohio town took place.
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