Norfolk Southern has said the freight train derailment that in a small town could cost the company nearly $400 million in legal fees and cleanup costs.The company on Wednesday disclosed that it took a $387 million charge in the first quarter related to the derailment, a sum that does not include any costs potentially covered by insurance.About half of East 's nearly 5,000 residents evacuated when, days after the February 3 derailment, officials decided to burn toxic vinyl chloride from five tanker cars to prevent a catastrophic explosion.
Load More
Load More