Norfolk Southern Skids on Weak Coal Market in First-Quarter 2015, Sees Improvement in Second Half of Year
SUGAR LAND--April 30, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Eastern U.S. freight railway Norfolk Southern Corporation (NYSE:NSC) (Norfolk, Virginia) reported a dip in revenues and profits for first-quarter 2015, as continued weakness in international coal markets and harsher-than-expected winter weather offset stronger volumes in the Intermodal and General Merchandise segments. Industrial Info is tracking $1.77 billion in active projects involving Norfolk Southern.
Within this article: Details on Norfolk Southern's quarter and projects, including upcoming replacements on a freight rail bridge in New York.
