Norfolk Southern Joins Federal Close-Call Reporting System Amid Pressure Since Ohio Train Derailment

  • Norfolk Southern Corporation NSC has agreed to join the Federal Railroad Administration's Confidential Close Call Reporting System (C3RS), along with its several rivals.
  • With active participation in the C3RS Working Group that is part of the Department of Transportation's Railroad Safety Advisory Committee, and now being a part of the Federal Railroad Administration, Norfolk is building upon its own long-standing Close Call Experience Program.
  • Also Read: Norfolk Southern Under Lens After Ohio Train Derailment; Air, Water & Soil Tests Look For Chemicals
  • Transportation Secretary Pete Buttigieg asked the chief executives of the seven so-called Class 1 railroads, Union Pacific Corporation UNP, Norfolk Southern, BNSF Railway, CSX Corporation CSXCanadian Pacific Railway Limited CPCanadian National Railway Company CNI and Kansas City Southern, to join the Federal Railroad Administration's close-call reporting system, WSJ reported.
  • Price Action: NSC shares closed 1.42% higher at $228.61 on Thursday.
Market News and Data brought to you by Benzinga APIs
Posted In: GovernmentNewsMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!