![Norfolk Southern agrees to 0 million federal settlement about Ohio practice derailment Norfolk Southern agrees to 0 million federal settlement about Ohio practice derailment](https://image.cnbcfm.com/api/v1/image/107419310-1716479690589-gettyimages-1247223723-AA_17022023_1071162.jpeg?v=1716479780&w=1920&h=1080)
- Norfolk Southern has agreed to pay out $310 million to settle fees in excess of the East Palestine, Ohio, train derailment that occurred in February 2023, with the vast majority of that going to cleanup prices.
- The company will pay out a $15 million great for alleged violations of the Clear Drinking water Act as element of the federal settlement.
- Norfolk Southern is estimating it will spend $1.7 billion in whole charges linked with the incident.