Illinois railcar owner doesn’t have to pay damages in Ohio train derailment

GATX, the company that owned one of the railcars in a 2023 Ohio train derailment, will not have to pay a portion of railroad Norfolk Southern’s $600 million settlement with residents.

After a trial that lasted more than three weeks, a federal jury in Youngstown, Ohio, on Wednesday found GATX Corp. not liable in the settlement for damages caused by the incident in East Palestine.

“GATX is pleased with the trial outcome, which affirms what we have known for some time: Norfolk Southern alone is...

https://www.freightwaves.com/news/illinois-railcar-owner-doesnt-have-to-pay-damages-in-ohio-train-derailment

Second life for bills more broadly defining hazmat trains

Two rail-related hazardous materials safety bills have been reintroduced in Congress stemming from the East Palestine, Ohio, derailment of 2023.

The legislation by Rep. Chris Deluzio, D-Pa., broadens the definition of a “high-hazard flammable train” and sets reporting requirements for railroads for derailments involving hazardous materials. It would also require railroads to reimburse first responders for costs resulting from derailments.

Deluzio, Rep. Ro Khanna, D-Calif., and 14 other Democrats...

https://www.freightwaves.com/news/second-life-for-bills-more-broadly-defining-hazmat-trains

Trump criticizes Biden on East Palestine response ahead of Ohio trip

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Former President Donald Trump is lashing out at President Joe Biden ahead of Biden’s scheduled trip...

https://www.freightwaves.com/news/trump-criticizes-biden-on-east-palestine-response-ahead-of-ohio-trip

Buttigieg addresses teen drivers, truck parking at Senate hearing

WASHINGTON — Transportation Secretary Pete Buttigieg told concerned Senate lawmakers on Capitol Hill that his department and the Federal Motor Carrier Safety Administration are making a renewed effort to bolster lackluster participation in the FMCSA’s pilot program for 18-20 year-old drivers.

The three-year program, which got underway last summer, is intended to accommodate up to 1,000 carriers and 3,000 apprentices.

However, Cindy Hyde-Smith, R-Miss., told Buttigieg during a Senate...

https://www.freightwaves.com/news/buttigieg-addresses-teen-drivers-truck-parking-at-senate-hearing

There are no federal regulations on key rail sensors

The Feb. 3 Norfolk Southern train derailment in East Palestine, Ohio, which caused no deaths, has sparked a national conversation over rail safety — particularly as profits soar at major rail carriers

One sticking point has been the use of the wayside hot-box detectors. These are used to detect the temperature of wheel bearings on passing rail cars. There were about 6,000 of these detectors placed along U.S. rail tracks as of 2015, according to a study by the Association of American Railroads...

https://www.freightwaves.com/news/there-are-no-federal-regulations-on-key-rail-sensors

Wall Street says Norfolk Southern profits won’t suffer from derailment 

Two Wall Street analysts said Norfolk Southern won’t see a major hit to its bottom line following a major derailment in East Palestine, Ohio, a village roughly 50 miles from Pittsburgh.

Bank of America and Cowen published reports on Tuesday concerning the Feb. 3 derailment of some 50 cars, several of which were hauling hazardous chemicals. The accident has sparked international media attention. 

The 150-car Norfolk Southern train derailed on the Ohio-Pennsylvania border. In the days after,...

https://www.freightwaves.com/news/wall-street-says-norfolk-southern-profits-wont-suffer-from-derailment