Coverage dated April 25, 2023

Norfolk Southern Reports $387 Million Charge for the First Quarter After East Palestine Derailment

Headline from NBC New York

The charge resulted in a year-over-year decline in first-quarter profits, the rail company said.

NBC New York's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

8 articles, oldest first.

  1. NBC New York

    Norfolk Southern Reports $387 Million Charge for the First Quarter After East Palestine Derailment (opens NBC New York)

    Published

    NBC New York's feed description

    The charge resulted in a year-over-year decline in first-quarter profits, the rail company said.

  2. CBS News

    Norfolk Southern estimates East Palestine derailment will cost $387M (opens CBS News)

    Published

    CBS News's feed description

    Norfolk Southern said it expects February's fiery Ohio derailment to cost it $387 million, but that total will likely increase over time and that doesn't reflect how much the railroad's insurance companies will eventually cover.

  3. UPI

    Norfolk Southern reports $387 million East Palestine derailment charge (opens UPI)

    Published

    UPI's feed description

    Norfolk Southern Corp. said Wednesday a $387 million charge for the East Palestine Ohio train derailment dropped first-quarter 2023 earnings by 34% to $711 million, down from $1.1 billion in first quarter 2022.

  4. WKBN Youngstown

    Norfolk Southern reports initial financial impact of East Palestine train derailment (opens WKBN Youngstown)

    Published

    WKBN Youngstown's feed description

    Norfolk Southern reported an initial loss of $387 million associated with costs from the East Palestine train derailment.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Norfolk Southern Reports $387 Million Charge for the First Quarter After East Palestine Derailment | Since Then