Norfolk Southern
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Modes
Unions criticize practice of furloughing in the rail industry
The Class I railroads furlough workers in times of lower volumes but unions think the cuts have been too deep as a result of precision…
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Railroad
Commentary: Before CN or CSX tried PSR…
Jim Blaze writes about Conrail Shared Assets and its accomplishments on behalf of CSX and Norfolk Southern.
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Company earnings
Norfolk Southern confident it can reach 2021 operating ratio target – UPDATE
Further operational efficiencies will push the railroad to its target, the company said.
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Finance
Goldman Sachs cuts 2020 transports earnings estimates on industrial weakness
Now Goldman thinks that ISM data won't turn positive until Q2 2020.
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News
Week 40 picks up where third quarter left off
Carloads on the railroads remained under water in the first week of the fourth quarter 2019. Intermodal weakness will be in the spotlight as third…
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Container
Intermodal freight continues shift to East Coast, benefiting trucking
Trucks are competitively priced on East Coast lanes and offer better service than the railroads.
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Weather
Norfolk Southern rail bridge collapses in Missouri flooding
"We don’t know where the bridge went. We do know it went down, most of the middle sections did go down to the south."
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Weather
Flash flood risk shifts to Southwest U.S. today
More downpours add to flood threat in parts of Desert Southwest hit hard yesterday. New spots of flooding also likely.
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Modes
Shippers hammer railroads with lawsuits over fuel surcharges
Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
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News
Third quarter carload declines worst yet in 2019
Heading into earnings season, the railroads clearly have a revenue headwind as carloads declined again in the latest week.
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