Norfolk Southern estimates that Ohio derailment cost $387M

OMAHA, Neb. (AP) — Norfolk Southern expects February's fiery Ohio derailment to cost it $387 million, but that total will likely increase over time and that doesn't reflect how much the railroad's insurance companies will eventually cover. The railroad provided a detailed estimate of the cost of Feb. 3 derailment outside East Palestine, Ohio, Wednesday when it released its first-quarter earnings report. That derailment, combined with others since then, sparked a nationwide focus on railroad safety and prompted regulators and members of Congress to propose reforms like capping the length...