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Norfolk Southern train derails in Pennsylvania By Reuters

March 3, 2024
in Stock Market
Reading Time: 2 mins read
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Norfolk Southern train derails in Pennsylvania By Reuters

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Norfolk Southern train derails in Pennsylvania
© Reuters.

(Reuters) – A Norfolk Southern (NYSE:) practice derailed on Saturday, spilling diesel gas and polypropylene plastic pellets into the Lehigh River in japanese Pennsylvania, police mentioned.

There have been no experiences of accidents to the crew on the practice or evacuations or a hazardous materials menace to the neighborhood, the Decrease Saucon Township Police Division mentioned in a press release.

Emergency personnel had been dispatched and containment booms had been deployed to manage the oil spill, it added.

Norfolk Southern, in a put up on social media platform X, mentioned it might examine the accident, including that their crew and contractors would stay on the scene over the approaching days to scrub up.

Ancora Holdings, which holds a big fairness stake within the firm, referred to as for the speedy termination of Norfolk Southern Chief Govt Officer Alan Shaw and urged an orderly reconstitution of the board, that firm mentioned in a press release following the derailment.

Early final yr, a Norfolk Southern Railroad-operated practice derailed, inflicting a fireplace that despatched a cloud of smoke over the city of East Palestine, Ohio, and forcing 1000’s of residents to evacuate.

President Joe Biden visited the realm final month and referred to as the practice derailment “an act of greed.” He urged Congress to cross a bipartisan invoice to toughen rail security legal guidelines.

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