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Norfolk Southern Railroad Reports 16% Jump in Third-Quarter Profits

Norfolk Southern Railroad Reports 16% Jump in Third-Quarter Profits

SUGAR LAND--October 23, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Norfolk Southern Corporation (NYSE:NSC) (Norfolk, Virginia) reported Wednesday that the eastern U.S. railway saw third-quarter net income of $559 million, a 16% increase over the same quarter last year. The company, which operates in 22 eastern states, reported third-quarter operating revenue increased 7% to $3 billion. Industrial Info is tracking 59 Norfolk Southern projects worth $1.73 billion.

Within this article: Earnings and project updates for Norfolk Southern.