Norfolk Southern Substantially Addresses the Federal Railroad Administration's 2023 Safety Culture Assessment Recommendations

Rhea-AI Summary

Norfolk Southern (NYSE: NSC) has successfully addressed the Federal Railroad Administration's (FRA) recommendations from its 2023 Safety Culture Assessment. Released in August 2023, the assessment provided suggestions on improving communications, training, trust, and exceeding regulatory standards. Partnering with AtkinsRéalis US Nuclear, Norfolk Southern developed and initiated action items to meet these recommendations.

Specific initiatives have been launched and will be monitored for effectiveness. Norfolk Southern's president and CEO, Alan H. Shaw, emphasized the strong collaboration with the FRA and the company's commitment to becoming the industry benchmark for safety. Progress updates have been regularly shared with FRA Administrator Amit Bose and his team.

Positive

• Implemented all FRA safety recommendations from the 2023 assessment.
• Developed action items in collaboration with AtkinsRéalis US Nuclear.
• Launched initiatives to improve communications, training, and trust.
• Commitment to exceeding regulatory safety standards.

Negative

• None.

ATLANTA, June 24, 2024 /PRNewswire/ -- Less than a year after the issuance of the assessment, Norfolk Southern Corporation (NYSE: NSC) has implemented measures to address the Federal Railroad Administration's (FRA) recommendations from its 2023 Safety Culture Assessment. 

The Assessment, issued in August 2023, made recommendations in the areas of communications, training, trust, and going above and beyond regulatory minimums. Norfolk Southern, working with its independent safety consultant AtkinsRéalis US Nuclear, developed action items in response to these recommendations. The company has successfully launched initiatives to implement all items and will monitor these actions to ensure their effectiveness.

"We appreciate the strong partnership with FRA on advancing safety and are grateful for its thorough assessment of our culture and their thoughtful recommendations, all of which serve as building blocks to our goal of becoming the gold standard for safety in the industry," said Alan H. Shaw, president and CEO of Norfolk Southern.

Norfolk Southern and FRA worked closely together throughout the implementation of the responsive action items. The company provided frequent updates to FRA on its progress, which included briefings by Shaw to FRA Administrator Amit Bose and his senior leadership team.

To read the Safety Assessment from FRA, click here.

About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely 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 approximately 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 Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.

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SOURCE Norfolk Southern Corporation

FAQ

What measures has Norfolk Southern taken to address the FRA's 2023 Safety Culture Assessment?

Norfolk Southern has implemented action items to improve communications, training, trust, and exceed regulatory standards, in collaboration with AtkinsRéalis US Nuclear.

When did Norfolk Southern receive the FRA's Safety Culture Assessment recommendations?

The recommendations were issued in August 2023.

Who did Norfolk Southern partner with to develop its action items?

Norfolk Southern partnered with AtkinsRéalis US Nuclear.

How has Norfolk Southern monitored the effectiveness of its safety initiatives?

The company will continuously monitor the initiatives to ensure their effectiveness and has provided regular updates to the FRA.

What is Norfolk Southern’s goal regarding industry safety standards?

Norfolk Southern aims to become the gold standard for safety in the industry.