Rail Volume Up 2% to 6%, Intermodal Gains Drive Truck-to-Rail Shift
Four Class 1 railroads raised guidance after Q2 earnings showed broad-based volume growth. Union Pacific domestic intermodal set a fourth straight quarterly…
#Norfolk Southern
5 posts tagged with this topic.
Ag Retailers Flag Rate, Service Risks in UP-Norfolk Southern Merger
Agricultural Retailers Association says proposed transcontinental rail merger will concentrate pricing power, drive up fertilizer and equipment transport costs…
Georgia Inland Port Cuts 26,000 Annual Truck Trips With Rail Shuttle
Gainesville facility opens with Norfolk Southern five-day-a-week service to Savannah, replacing 600-mile roundtrip drayage runs and cutting Atlanta highway…
Norfolk Southern Q1 Earnings Drop 2% as February Weather Cuts Rail Volume
Winter storms knocked intermodal traffic down 4% in February; coal up 9% but fuel costs and CSX-BNSF alliance bite into margin.
Norfolk Southern Profit Falls 27% in Q1 as Insurance Bump Ends
The Class I railroad posted a sharp earnings drop after insurance payments from the East Palestine derailment dried up: a reminder that one-time windfalls…