Norfolk Southern says second derailed train in Ohio contains no toxins
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Norfolk Southern (NYSE:NSC) said Sunday a train that derailed in Ohio this weekend was not carrying hazardous materials and poses no risk to the public, as local officials quickly lifted a shelter-in-place order.
The accident in which 20 cars of a 212-car train derailed near Springfield, Ohio, on Saturday follows the February 3 derailment of a Norfolk Southern (NSC) train in East Palestine, 180 miles to the northeast.
The latest crash has renewed bipartisan concerns about rail safety and about Norfolk Southern's (NSC) performance.
"The railroad's got a lot of questions they've got to answer and they really haven't done it very well yet," Ohio's Democrat Senator Sherrod Brown said on ABC's This Week on Sunday.
Ohio Republican Representative Mike Turner, who represents the area around the latest derailment, called the spate of Ohio derailments - now four in the last five months - "outrageous" and "unacceptable."
Opposition to oil and gas pipelines has added stress to the rail system, according to Democrat Senator Joe Manchin from neighboring West Virginia.
Norfolk Southern (NSC) CEO Alan Shaw is scheduled to testify before a Senate committee on Thursday.
Norfolk Southern's (NSC) biggest problem is falling economic growth, not the East Palestine crisis, Leo Nelissen writes in an analysis published recently on Seeking Alpha.