Norfolk Southern to Launch Workgroup to Discuss Vent and Burn Procedures
By Josh Beckerman
Norfolk Southern will convene a Vent and Burn Workgroup, an element of the its May settlement of the federal government's investigation into a February 2023 train derailment in East Palestine, Ohio.
The company said that over the next six months, subject to final court approval of the settlement, Norfolk Southern will hold conversations with key safety stakeholders to determine criteria for workgroup participation.
"When a vent and burn procedure is being considered, the health and safety of surrounding communities and emergency responders is top priority," the company said.
The Environmental Protection Agency and the Justice Department said in May that the settlement was valued at more than $310 million.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
June 21, 2024 13:51 ET (17:51 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks