Get Off Of Norfolk Southern Corporation (NYSE:NSC) 2020/09/01 18:32:15 Seeking Alpha
In spite of the fact that traffic is down about 17% across the network, the shares are materially more expensive than they were this time last year.
Norfolk Southern's living shoreline initiative is good for the environment, the community, and business 2020/08/31 12:30:00 PR Newswire
NORFOLK, Va., Aug. 31, 2020 /PRNewswire/ -- Oysters, river otters, shore birds, and other wildlife have a new place to call home along an industrial stretch of the Elizabeth River that Norfolk Southern (NYSE: NSC) has reclaimed as a living shoreline. The innovative sustainability project,…
Class I Railroads Brace For Tropical Storms Marco And Laura 2020/08/24 22:14:03 Benzinga
Class I railroads with operations along the U.S. Gulf Coast are bracing for potential impacts from tropical storms Marco and Laura. The timing of the storms' approach to the Gulf Coast states is packing a one-two punch for area ports and transportation providers. Another concern is flooding as the storms travel northward. Marco is expected to make landfall Monday night, while Laura is forecast to hit on Wednesday and into Thursday. "Our command center has been activated to monitor the storms with resources staged should there be impacts to the network," BNSF (NYSE: BRK ) told FreightWaves. "As we do with any storm, we will closely monitor train traffic, reroute as needed from impacted areas for the safety of our people and ensure our customers' freight arrives securely at its final destination." Similar actions are being undertaken at the other Class Is, including Norfolk Southern Corp. (NYSE: NSC ), which put out an operations update earlier Monday. "Precautionary actions are being taken to protect infrastructure, and rail equipment is being repositioned away from low-lying areas around Mobile, Alabama, and New Orleans, Louisiana," Norfolk Southern (NS) said, adding that customers with critical shipments should contact …
Why Goldman Sachs Stock Looks Golden 2020/08/08 00:21:00 Barron's
Investment bank’s repositioning and new ventures set it up for growth. And the 1MDB scandal settlement has removed a big uncertainty overhanging its shares. Also, Wall Street views of Roku, CenturyLink, Norfolk Southern, and Fiserv.
Norfolk Southern Seeks To Boost Its Intermodal Market Share 2020/07/30 19:54:07 Benzinga
Norfolk Southern Corporation (NYSE: NSC ) is planning to add more intermodal service products in the Southern U.S. as a way to take volume away from the trucking market, executives said during the company's second-quarter earnings call on Wednesday, July 29. Those products, which could be launched as early as the third quarter of this year, include products between the U.S. Southwest and the U.S. Southeast, as well as between the U.S. Southeast to the U.S. Northeast, said NS Chief Marketing Officer Alan Shaw. "They are a new level of product that is not out there in the marketplace right now, or had not been. We're confident that…it's going to help us grow moving forward," Shaw said. Railroad executives said NS is seeking to take advantage of higher spot truck prices and tight truck markets in some U.S. regions. NS' July volumes are "a pretty strong sequential improvement over June," and June was a month that experienced high retail spending and rising truck rates and truck tonnage, Shaw said.