U.S. Coal Market Erodes Norfolk Southern's Second-Quarter 2013 Results, but Other Businesses Shine, an Industrial Info News
U.S. Coal Market Erodes Norfolk Southern's Second-Quarter 2013 Results, but Other Businesses Shine, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwired) -- 07/25/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading North American railroad company Norfolk Southern Corporation (NYSE:NSC) (Norfolk, Virginia) reported overall declines in profits and revenues in the second quarter of 2013, as continuing problems in the U.S. coal market offset growth in the company's intermodal, chemical and automotive businesses. Industrial Info is tracking $848 million in active projects in the U.S. involving Norfolk Southern.
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