U.S. trains keep derailing. Why?
Washington lawmakers are scrutinizing the freight rail industry as a string of derailments unfold in 2023.
In the months since a Norfolk Southern train derailment devastated the town of East Palestine, Ohio, more freight cars went careening from their tracks in several parts of the country.
“Even one incident can have a dramatic impact on a community,” Ian Jefferies, CEO at the American Association of Railroads, said to CNBC in an interview. Jefferies said derailments overall were on the decline, citing Federal Rail Administration data. A small increase in reported derailments, however, was registered between 2020 and 2022.
Others within the industry say accidents have become more difficult to avoid as railroad companies pursue more demanding business plans. “Trains got heavier and longer,” said Mark Burrows, a former locomotive engineer. “It’s...
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