: Norfolk Southern committed to ‘making this right’ for East Palestine after Ohio derailment, CEO to tell senators

by | Mar 9, 2023 | Stock Market

Norfolk Southern Corp. CEO Alan Shaw will tell senators that the carrier is “committed to learning” from the train derailment in East Palestine, Ohio and “making this right” for the local community affected by the disaster. The CEO will give testimony to the Senate Committee on Environment and Public Works Thursday. Shaw will also highlight Norfolk Southern’s
commitment to the local community in East Palestine, according to prepared testimony obtained by MarketWatch.

“I am deeply sorry for the impact this derailment has had on the people of East Palestine and surrounding communities, and I am determined to make it right,” he will say, according to the prepared testimony. “On behalf of the more than 19,700 hard-working employees of Norfolk Southern, I pledge that we won’t be finished until we make it right.” The CEO plans to tell senators that, to date, Norfolk Southern has committed to reimbursements and investments of more than $20 million in total, including by helping more than 4,200 families through our Family Assistance Center located in East Palestine. “I am going to see this through,” he will say, according to the prepared remarks. “There are no strings attached to our assistance—if residents have a concern, we want them to come talk to us. I understand how much East Palestine means to each resident, and we are committed to m …

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