At Rail Trends: Money, real estate key to short line rail growth [Yahoo! Finance]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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Source: Yahoo! Finance
“It's been a tumultuous eight years but the railroad industry is turning a corner as a whole, and that's where [short lines] are going,” said Chuck Baker, president and chief executive of the American Short Line and Regional Railroad Association, speaking at the Rail Trends conference in New York. “This year I have visited with all six Class 1s and they all have engaged short line teams . They all say carload and specifically merchandise traffic is rail's fastest-growing segment. “It's a real success story.” Short lines and regional carriers provide first mile-final mile services across a disparate network that totals 50,000 miles of track, handling volume ranging from a single car to thousands of carloads a year. Canadian National President and Chief Executive Tracy Robinson agreed, and said the Canadian carrier this year reestablished its interline team in part to include 150 short line connections in its growth strategy. “This is how we grow, we have to be nimble,” Robin
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NSC
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- 10/22/24 - Beat
NSC
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/13/24 - Form 4
- NSC's page on the SEC website