The railroad operator’s earnings rose above expectations in the fourth quarter, as the company continued to recover financially from a costly 2023 derailment in Ohio.

Ohio village and Norfolk Southern announce a $22-million settlement resolving all claims arising from the 2023 derailment that prompted a nationwide reckoning over railroad safety.

Norfolk Southern and the Village of East Palestine have reached a $22 million settlement to resolve all claims by the village resulting from the Feb. 3, 2023, derailment and hazardous-materials release,