Norfolk Southern CEO Alan Shaw will tell the Senate tomorrow that he is 'deeply sorry' for last month's derailment of a nearly two-mile long freight train carrying hazardous chemicals, according to prepared testimony obtained by Axios.
This video screenshot released by the National Transportation Safety Board shows the site of a derailed freight train in East Palestine, Ohio. Photo: NTSB/Handout via Xinhua via Getty Imagesof a nearly two-mile long freight train carrying hazardous chemicals, according to prepared testimony obtained by Axios.
Shaw says that Norfolk Southern employees have worked on site in East Palestine to remove "affected soil" and "potentially affected water." In remarks focused on safety, Shaw emphasizes that the actual train car that derailed last month, a hopper car carrying plastic pellets, was not owned by his company. That's why, he says, any safety upgrades should be industry wide.
"[A]n industry-wide comprehensive approach, including railcar owners, car manufacturers, leasing companies, equipment makers, and the railroad companies, is essential."The company's stock has fallen more than any other public carrier in the wake of the tragic accident, and the company's safety practices and culture are now being investigated by the
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