Norfolk Southern Sees Profit Trailing Estimates as Volumes Drop

Norfolk Southern Sees Profit Trailing Estimates as Volumes Drop

Andrew Harrer/Bloomberg

Decreases in coal carloads and so-called intermodal shipments, which can move by a combination of train, truck and ship, will reduce revenue by about $120 million from a year earlier, while fuel surcharges will be about $80 million less, Norfolk Southern Corp. said.