Tuesday, May 03, 2005

mysan.de - be updated - Norfolk Southern Supports Graniteville Accident Settlement

mysan.de - be updated - Norfolk Southern Supports Graniteville Accident Settlement: "NORFOLK, Va., May 3 /PRNewswire-FirstCall/ -- Norfolk Southern Corporation issued the following statement regarding today’s hearing before the U.S. District Court of South Carolina, Aiken Division. The court received a proposed class action settlement agreement that would provide restitution for minor personal injury, expenses and inconvenience associated with the railroad’s Jan. 6, 2005, derailment at Graniteville, S.C. Details of the settlement will continue to be negotiated, and the parties expect to have a final agreement for court approval before the end of the month. (Full story at link)

'Although additional details still need to be worked out, Norfolk Southern endorses the agreement outlined to the court today. It is timely, fair and constructive."

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