Norfolk Southern locomotives are moved through the Conway Terminal in Conway, Pa., Saturday, June 17, 2023. Norfolk Southern reports their earnings Friday, Jan. 26, 2024. (AP Photo/Gene J. Puskar)

Norfolk Southern’s fourth-quarter profit fell 33% because of the ever growing costs of the cleanup of last year’s fiery derailment in eastern Ohio. The railroad did deliver 3% more shipments during the quarter but even without the costs related to that toxic crash, its profits still would have been down 14%. The Atlanta-based railroad said it earned $527 million, or $2.32 per share, during the quarter. Without the $150 million in additional derailment costs, Norfolk Southern would have made $677 million, or $2.83 per share. But even that is just behind the $2.86 per share that Wall Street predicted. The railroad now estimates the total costs related to the East Palestine derailment will top $1.1 billion, but that total will only continue to grow.