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

Norfolk Southern Corporation (NYSE: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 (NYSE:UNP), Norfolk Southern, BNSF Railway, CSX Corporation (NASDAQ:CSX), Canadian Pacific Railway Limited (NYSE:CP), Canadian National Railway Company (NYSE: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.