GATX, the rail equipment leasing company that owned one of the railcars in the East Palestine, Ohio, derailment, will not have to pay a portion of Norfolk Southern’s $600 million settlement with ...

Ohio Valley Derailment Mutual Aid (OVDMA) was also formally unveiled. The nonprofit, founded by Dr. Thompson and Mike Stout, ...

The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won’t have to help pay for the $600 million settlement Norfolk Southern agreed to with residents.

Norfolk Southern's quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in eastern Ohio, but even without that, the railroad's profits still grew.

Norfolk Southern reached an agreement with one of the two companies it has been trying to force to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train ...