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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Norfolk Southern Corp | NYSE:NSC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
25.10 | 11.26% | 248.00 | 249.93 | 240.60 | 242.00 | 2,993,303 | 01:00:00 |
NTSB Chair visits Norfolk Southern headquarters to discuss company's progress on safety initiatives
ATLANTA, July 10, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today endorsed the national safety policy recommendations made by the National Transportation Safety Board as part of the agency's investigation of the 2023 East Palestine derailment. The recommendations align with safety initiatives currently underway at the railroad designed around the principles of accident prevention, mitigation, and response.
During her visit today, Chair Jennifer Homendy met with senior leadership to discuss Norfolk Southern's progress in implementing safety initiatives aligned to the NTSB report. She addressed more than 80 operational leaders during the railroad's Safety Summit, a three-day seminar bringing together labor leaders and field supervisors to enhance the company's safety culture. She also toured Norfolk Southern's Network Operations Center and experienced a demonstration of RapidSOS, a technology designed to deliver immediate consist information to first responders.
"We have a deep respect for Chair Homendy and the important work of the NTSB. We appreciate her leadership, willingness to collaborate with us on next steps, and direct engagement with our operational leaders," said Alan H. Shaw, President and CEO of Norfolk Southern. "Norfolk Southern and the NTSB share the same goal when it comes to safety. We're committed to taking action that addresses their recommendations and to becoming the gold standard of safety for the industry."
The NTSB national safety policy recommendations include initiatives to improve the performance of defect detection systems, modernize the nationwide tank car fleet carrying certain types of hazardous materials, and quickly put critical real-time information in the hands of emergency responders. Norfolk Southern continues to support the goal of enacting bipartisan legislation that advances safety in the rail industry, including those safety policy initiatives aligned with the NTSB recommendations.
Over the last 16 months Norfolk Southern led the industry in implementing many safety enhancements and technologies that align with the NTSB recommendations. The company has:
Additional information is available in Norfolk Southern's 2024 Midyear Report on Safety Accomplishments and Ongoing Initiatives.
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-endorses-national-safety-policy-recommendations-from-the-national-transportation-safety-board-302194079.html
SOURCE Norfolk Southern Corporation
Copyright 2024 PR Newswire
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