Norfolk Southern launches home value compensation program after Ohio derailment


Sept 18 (Reuters) - Norfolk Southern NSC.N said on Monday it launched an interim program to compensate homeowners around East Palestine, Ohio who sell their properties and experience a reduction in value following a Feb. 3 train derailment.

The program applies to parts of Ohio and Pennsylvania near the derailment site and applies to those with homes on the market, future listings or sold since Feb. 3. The railroad first announced plans in May to create the program.

(Reporting by David Shepardson Editing by Chris Reese)

((David.Shepardson@thomsonreuters.com; 2028988324;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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