Risk Factors Update Summary
- The Incident in East Palestine, Ohio resulted in significant costs, fines, and penalties exceeding accrued amounts.
- Failure to comply with new regulations post-Incident may negatively impact financials, operations, and liquidity.
- Cybersecurity threats pose risks of service interruptions, data breaches, and financial impacts.
- Transportation of hazardous materials poses significant risks of losses exceeding insurance coverage.
- Changes in market access due to mergers or operational changes among railroads may redefine market reach.
- Fuel consumption increased from 376 million gallons in 2022 to 377 million gallons in 2023.
- Climate change risks include severe weather impacting operations and increased costs associated with GHG emissions.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=702165&owner=exclude
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