ATLANTA — Norfolk Southern’s first quarter earnings tumbled due to expenses related to the disastrous Feb. 3 derailment and subsequent hazardous materials release in East Palestine, Ohio. The railroad’s operating income declined 34%, to $711 million, due in part to an initial $387 million charge associated with the derailment, the railroad reported today. NS CEO […]
Norfolk Southern earnings take hit from East Palestine, Ohio, derailment
