Norfolk Southern agrees to multi-million-dollar settlement in Ohio train derailment and spill
USA TodayMAY 2024
While residents of East Palestine and the surrounding areas desperately want to put last year’s traumatic train derailment behind them, many are fairly wondering if they will reap adequate rewards from Norfolk Southern’s recent settlements. The railway is a massive company that rakes in billions, and its failures led to a catastrophic event with scary short and long-term health effects. It is hard to calculate all the damage the derailment caused, but when calculating payments, it seems like community resid
Norfolk Southern is committed to doing everything in its power to ease the burden caused by the East Palestine derailment, and it expects to spend nearly $2B in total costs. The railway disaster was a genuinely tragic accident, and the company stands behind everyone who was impacted. From investing in health measures to improve drinking water to directly compensating residents, Norfolk Southern hopes that it can come close to fairly compensating the community.
There's a 50% chance that the rate of people (per 100,000) affected by natural disasters will be at least 2.87K in 2025, according to the Metaculus prediction community.