Norfolk Southern's CEO supports new regulations after Ohio disaster

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Norfolk Southern's CEO supports new regulations after Ohio disaster
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Norfolk Southern CEO Alan Shaw says he supports new safety measures ahead of his Capitol Hill appearance on Wednesday.

Norfolk Southern CEO Alan Shaw told senators Thursday he is"deeply sorry" for the East Palestine, Ohio, train derailment, and promised financial aid to the residents there.

Norfolk Southern's CEO is offering support for some parts of a bipartisan Senate bill putting tougher safety regulations on railroads. This comes following last month's fiery hazardous materials train derailment that has impacted residents of East Palestine, Ohio.Shaw faced aggressive questioning from senators earlier this month in a separate hearing.Norfolk Southern CEO Alan Shaw visits East Palestine Ohio after the train derailment

He also apologized for the derailment that upended life in East Palestine but stopped short of endorsing proposed safety regulations under the Railway Safety Act of 2023. However, Shaw says in prepared remarks released ahead of Wednesday's appearance that Norfolk Southern will "support legislative efforts to enhance the safety of the freight rail industry."

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