STOCK TITAN

Norfolk Southern furthers environmental efforts in East Palestine

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Norfolk Southern Corporation (NYSE: NSC) continues its extensive cleanup in East Palestine, Ohio, under multiple regulatory agencies' oversight. The company has committed to managing the cleanup and covering associated costs while collaborating with federal, state, and local authorities to meet safety standards. The first phase involved removing over 9,000 tons of contaminated soil and more than a million gallons of affected water. The cleanup aims to ensure the safety and recovery of the local environment for residents. Norfolk Southern stated its dedication to accountability and restoring East Palestine to a safe condition.

Positive
  • Norfolk Southern is committed to leading and funding the cleanup efforts in East Palestine.
  • Over 9,000 tons of contaminated debris and more than a million gallons of impacted water have been removed.
  • Collaboration with various authorities ensures compliance with safety and environmental standards.
Negative
  • The ongoing cleanup may result in significant operational and financial impacts for Norfolk Southern.

ATLANTA, Feb. 17, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) continues its comprehensive and extensive site cleanup effort in East Palestine, Ohio with regulatory oversight from multiple agencies, aiming to meet or exceed regulatory requirements and alleviate the concerns of its residents.

Norfolk Southern is committed to coordinating the cleanup project and paying for its associated costs. Several local, state, and national authorities are working with Norfolk Southern to confirm the necessary cleanup standards to achieve and maintain a safe environment for residents. Recovery crews are using highly specialized systems in their work, and their efforts have resulted in safe air and municipal water sources, as validated by testing done by federal and state environmental and health agencies. Work will continue, under the oversight of the agencies, until the area is restored and in compliance with regulatory requirements.

Oversight of the project involves federal, state, and local authorities with various jurisdictions, areas of expertise, and regulations they must abide by. For example:

  • The U.S. Environmental Protection Agency is working with the Ohio EPA to analyze soil, water, and air samples to determine environmental safety.

  • The Ohio Department of Natural Resources is examining the impact of the incident on wildlife.

  • The Ohio Department of Health, Ohio Emergency Management Agency, and Columbiana County Health District are sharing health and safety information and guidance for the public.

  • Ohio Governor Mike DeWine, in collaboration with the Biden administration, have involved the Centers for Disease Control and Prevention and other experts from the Department of Health and Human Services to continue to examine public health risks and impacts from the chemicals released from the incident.

Norfolk Southern's primary focus is to lead the recovery and cleanup efforts overseen by and consistent with the direction provide by all of these agencies. The efforts began as soon as crews could safely approach the site and continues today.

The first phase of the cleanup has concentrated on safety measures to preserve life and property, as well as excavating more than 9,000 tons of contaminated debris and soil for proper disposal and more than a million gallons of impacted water. The contaminated water is being transported out of the area by truck for disposal at a licensed disposal facility, and the contaminated soil will be transported away from the site to an appropriately permitted facility once all approvals are received.

Norfolk Southern is deeply committed to the cleanup work to ensure that East Palestine's residents and natural environment not only recover but thrive.

"Our company will be working tirelessly every day to get East Palestine back on its feet as soon as possible," said Norfolk Southern President and CEO Alan H. Shaw. "We know we will be judged by our actions, and we are taking this accountability and responsibility very seriously."

 

About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.

 

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-furthers-environmental-efforts-in-east-palestine-301750301.html

SOURCE Norfolk Southern Corporation

FAQ

What is Norfolk Southern doing in East Palestine?

Norfolk Southern is conducting an extensive cleanup effort in East Palestine, Ohio, to address environmental concerns.

How much contaminated material has been removed in East Palestine?

More than 9,000 tons of contaminated soil and over a million gallons of impacted water have been removed from the site.

Who oversees the cleanup efforts by Norfolk Southern?

The cleanup efforts are overseen by multiple regulatory agencies, including the U.S. Environmental Protection Agency and the Ohio Department of Natural Resources.

Is Norfolk Southern covering the costs of the cleanup in East Palestine?

Yes, Norfolk Southern has committed to managing and paying for the cleanup and associated costs.

What measures are in place to ensure safety during the cleanup?

Norfolk Southern is working with regulatory authorities to meet safety standards and ensure a safe environment for residents.

Norfolk Southern Corp.

NYSE:NSC

NSC Rankings

NSC Latest News

NSC Stock Data

58.73B
226.08M
0.07%
77.56%
0.97%
Railroads
Railroads, Line-haul Operating
Link
United States of America
ATLANTA