The $803 million cost estimate doesn't include funds to compensate the East Palestine community for any long-term health effects, drop in home values or drinking water issues.
that spilled several other hazardous chemicals when the tank cars carrying them ruptured.
The additional charges related to the derailment, combined with a 6% drop in the number of shipments the railroad delivered, more than halved the Atlanta-based company’s profit to $356 million, or $1.56 per share. That’s down from $819 million, or $3.45 per share, a year ago. Norfolk Southern’s revenue declined to $2.98 billion in the quarter, which also disappointed. Analysts were expecting $3.08 billion revenue.
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