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Norfolk Southern Rebuilds Trust After Accidents

NS is one of the most prestigious transportation companies in America and is responsible for moving the products that drive our economy. If you purchased appliances, food or drinks, NS likely played a part in the supply chain.

NS has promised to make things right following the derailment at East Palestine, Ohio. This includes cleaning the soil, testing water and air as helping families rebuild and make our railroad safer.

Safety

Norfolk southern railway chronic lymphocytic leukemia Southern has promised to take all measures to get things back on track following the deadly train derailment that occurred in East Palestine, Ohio last month. This includes cleaning up the area and testing air, water and soil and assisting families whose lives were impacted by the accident. It also means improving safety as a business and as an industry.

It starts by focusing on the people who work for it and the communities along its routes. The company is now informing employees and developing new tools to help them recognize hazards and respond more quickly to emergencies. It's also a part of the Federal Railroad Administration's Confidential Close Call Reporting System, which encourages rail workers to speak up when they see anything that is potentially dangerous.

In addition, norfolk southern railway reactive airway disease Southern has started performing route risk analyses to determine the most secure and most secure routes for trains that carry 20 or more carloads of petroleum crude oil--so-called crucial crude trains. The analysis is based on 27 different factors which include population density local emergency response capabilities, track quality and signal systems. Based on the results, the railroad is able to redirect these trains to avoid certain regions.

These steps are not enough to prevent further derailments. This is the conclusion of lawmakers investigating the company following this weekend's derailment in Springfield. They've introduced bipartisan legislation to enforce tougher safety standards on all freight railroads operating hazardous materials, calling for measures "far beyond the six-point strategy norfolk southern railway scleroderma Southern outlined today." The company's top executives have been accused of pushing a hyper-efficient model known as precision scheduled railroading, in a bid to increase profits by cutting staff and assets like locomotives, train vehicles and rail yards.

Environment

NS maintains high environmental standards and abides by all applicable laws and regulations. Recycling, waste reduction and the use of environmentally preferred materials are the main focus of the railroad's operations. The company also provides training for its employees on environmental issues. The Board of Directors reviews and reinforces railroad policies on a regular basis to ensure that they meet the highest standards of corporate Governance.

A safety-focused culture permeates the entire company and employees are taught to identify hazards and report them promptly. The safety program of the company includes an extensive process of investigating accidents as well as a continuous improvement program that encourages employees to take responsibility for their own actions.

In 2004 the chemical carloads at NS were up by 5% and revenues rose 12% compared to 2003. The rising demand for industrial intermediates, miscellaneous chemicals as well as petroleum and environmental products drove this growth. Also, new asphalt and propane terminals located in the Southeast led to the rise.

The EPA has asked norfolk southern railway asthma Southern to submit a plan on how the railroad will deal with toxic chemicals in the soil, air and groundwater in the area of the derailment that occurred last month in East Palestine, Ohio. NS CEO Alan Shaw will testify Thursday before the Senate Environment and Public Works Committee on the plan. Debra Shore, regional administrator for the EPA as well as local officials will be asked by lawmakers on the consequences of this incident.

Community

In communities that have been affected by rail accidents, it can take time to rebuild trust.

Since the tragedy in February that took place in East Palestine, Ohio and Darlington Township, Pennsylvania, NS has been working to restore families' sense of security and to assist them with the financial waters. In addition to tackling environmental remediation issues, such as cleaning water and soil and assessing air quality, NS has expanded its Family Assistance Center (FAC) to help pay for essential supplies and other expenses that residents have incurred as they were forced from their homes.

NS also works to foster an environment of safety. It recently joined the Federal Railroad Administration's Confidential Near Call Reporting System. This is a continuation of its long-standing program to encourage employees to report when they notice anything that could be considered unsafe.

The company has also pledged to partner with the local community to fund educational programs and extracurricular activities and long-term contingency planning for the future of the town. NS is also investing in new projects to assist customers in moving the goods that fuel the economy.

NS employees are strengthening ties to local communities across the country by partnering up with nonprofit organizations that promote education as well as hunger relief and other vital community needs. NS employees show their commitment to giving by collecting school supplies or hosting home sprucing parties and food banks or cheering on Special Olympians.

Shareholders

In a congressional hearing norfolk southern railway esophageal cancer Southern's CEO apologised to the residents of East Palestine, Ohio, following a hazardous materials train was struck by a train, but stopped short of fully approving a bill that would increase the standards for safety on rails. He did support a plan to tighten up tank cars that railroads do not own, to expand hazardous materials training to first responders, cancer settlement and to establish standards for trackside detectors.

The CEO defended the company’s track record of increasing profits from rail operations, which amounted to $4.6 billion in fiscal year 2017 and cancer Settlement will almost double by 2021. He also pledged to keep the gains to shareholders via dividends and share purchase.

However, some shareholders aren't satisfied with that record. They would like to see the company adopt the policy of paid sick leave for its employees and have filed proposals at both NS and Union Pacific to that effect.

NS continues to invest in safety programs, despite criticism. This includes adding more guardrails for long freight trains as well as expanding safety programs for rail yards. It is also a member of the Confidential Near Call Reporting System of the federal Transportation Department, which allows employees to anonymously report concerns regarding rail safety. CSX is a different member of the group, is a duopoly in the eastern United States on the major intermodal routes.