The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.

Norfolk Southern and the Village of East Palestine have reached a $22 million settlement to resolve all claims by the village resulting from the Feb. 3, 2023, derailment and hazardous-materials release,

The Village of East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from a disastrous train derailment near the Ohio-Pennsylvania border in 2023.

A final multi-million dollar settlement was reached in the toxic February 2023 trail derailment in Ohio, according to new information.

With the statute of limitations to file suit against Norfolk Southern for damages inflicted by the 2023 train derailment and subsequent chemical release less than a week away, East Palestine Council announced the village and the railroad have reached a settlement.

Nearly two years after a train derailment sent toxic chemicals into the air, ground and water, the village of East Palestine, Ohio, and Norfolk Southern reached

East Palestine and Norfolk Southern also announced that the company will no longer build a safety training center for first responders.