Former House Transportation & Infrastructure Committee Chairman Peter DeFazio joins Yahoo Finance Live to discuss the state of the U.S. freight industry and Norfolk Southern’s proposed six-point safety plan. The segment aired on March 7, 2023. #yahoofinance #news
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I feel this to be a bit unfair. The other 4 main railroads operate accordingly and these issues seem to be worse at Norfolk Southern. It’s clear they have a poor safety culture and they need to be replaced start with the top. Also Trump never should have deregulated the rails. They also need to increase the penalty caps from the $250,000 maximum.
Yes the Government fails and the answer is always more government.