Federal officials and Democratic lawmakers are hinting that more regulation of the freight railroads is on the way as leaders explore the safety procedures surrounding trains that haul hazardous materials.
Federal scrutiny of rail safety comes as Norfolk Southern (NYSE: NSC), federal, state and local leaders, and the local community seek to recover from a Feb. 3 derailment involving an NS train near East Palestine, Ohio.
U.S. Transportation Secretary Pete Buttigieg told NS President and CEO Alan...
https://www.freightwaves.com/news/buttigieg-expect-more-federal-regulation-on-rail-safety