Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. board finds problems with safety devices on train that derailed in Ohio

Published 03/21/2023, 04:39 PM
Updated 03/22/2023, 01:52 PM
© Reuters. FILE PHOTO: General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023.  REUTERS/Alan Freed
NSC
-

By David Shepardson

WASHINGTON (Reuters) - A U.S. safety board said on Tuesday it found anomalies in pressure relief devices (PRDs) of the freight train operated by Norfolk Southern Corp (NYSE:NSC) that derailed on Feb. 3 in East Palestine, Ohio.

The derailment of 38 cars including 11 carrying hazardous materials led to the release over 1 million gallons of hazardous materials, Ohio's attorney general said.

The National Transportation Safety Board (NTSB) said testing of the devices removed from five tank cars found anomalies with the function of some that may have compromised the capability of the valves to regulate internal pressure of the tank cars in a fire to lessen the risk of an explosion.

The derailment caused cars carrying toxic vinyl chloride and other hazardous chemicals to spill and catch fire.

Since the derailment, some of the town's 4,700 residents have reported ailments such as rashes and breathing difficulties and fear long-term health effects but no deaths or injuries were reported after the incident.

NTSB Chair Jennifer Homendy said in written testimony ahead of a Wednesday Senate Commerce hearing on rail safety that "investigators found that further metallurgical testing of the PRDs and valves, including valve stems, is warranted to evaluate their performance and compatibility with the vinyl chloride lading."

Earlier this month the NTSB found that aluminum parts on three tank cars may have melted and caused PRDs not to function, contributing to the release of toxic chemicals last month.

The NTSB said its preliminary examination suggested aluminum covers melted on protective housing for pressure-relief devices on three train cars. This could have prevented devices from performing as intended.

© Reuters. Norfolk Southern Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled

The NTSB said that according to the manufacturer’s part specifications, one internal spring of a pressure relief device was coated with aluminum, which is not compatible with vinyl chloride.

Homendy said investigators will now focus on issues including "tank car design and derailment damage; performance of PRDs and other valves; a review of the accident response, including the venting and burning of the vinyl chloride."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.