Norfolk Southern moves record coal shipments in May
Norfolk Southern Corp. moved a record 16.5 million tons of coal in May, up 8.7 percent compared to the same month 2005 and a 1.8 percent improvement over the previous monthly best set August last year.
“The major contributing factor to the increase in volume was strong demand for coal moving to utilities, which continue to experience increased demand for electricity generation and to rebuild their stockpiles. Additional growth also came from strong domestic metallurgical coal demand,” Norfolk Southern said.
For the year to date, Norfolk Southern has handled 77.7 million tons of total coal, a 4.6 percent increase over the same period last year.
Norfolk Southern moves record coal shipments in May