Earlier this week, The Gateway Pundit reported on the railroad company at the center of this derailment, Norfolk Southern, posting record profits for Q4 2022 and 2022 as a whole. They were $385 million in Q4 and up $1.6 billion, or 14%, from 2021. This is a record year for Norfolk Southern.
Railroad company posts record profits in 2022 after Ohio crash, but drastically cuts employees and quality of life
Despite these extravagant gains, they cut a significant number of employees since the implementation of precision schedule railroading in 2017 and 2019. The cuts would make more money for Norfolk Southern’s top investors, Vanguard, BlackRock and State Street Capital, who have cut tracks, overworked employees and left the cities these trains travel through at potential risk. Many people do not know that train derailments happen very often. frequently. 1,000 per year across the United States, or about 3.5 per day. Most of them are not accompanied by trains/cars carrying harmful or carcinogenic chemicals, oils or explosives etc.
Just 3 months ago, a Norfolk Southern train derailed in Ravenna, OH, about 50 miles from East Palestine. It carried nothing dangerous: some rock salt and a couple of jeeps.
Last night, on my podcast, I was lucky enough to speak with a “Big 4” railway conductor. An insight from someone who is working on it Every day, “24/7 365 on call” And Clyde Whitaker is experiencing everything he talks about in this Twitter thread From voxites, from understaffed trains to short inspection times to overworked train-gangs.
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