Ancora, NS address latest derailment
EAST PALESTINE — A group of investors led by Ohio-based Ancora Holdings Group which holds a $1 billion stake in Norfolk Southern (NS) and has been heavily critical of the railroad’s response following and business practices leading up to last year’s train derailment in East Palestine, called a derailment in Pennsylvania over the weekend “failed executive leadership.” On Saturday, a NS train derailed in Lehigh Valley, spilling diesel and plastic pellets into the nearby river. An early investigation by the National Transportation Safety Board reported that an eastbound Norfolk ...