Forbes -
24 Jul 2015 19:53
Norfolk Southern is set to announce its second quarter 2015 results on Monday, July 27. The railroad operator is likely to report a decline in revenues and earnings as weak coal carloads impact the top line. According to Norfolk Southern's carloads report for the week ended June 27, its total carloads, including intermodal, declined 2.2%. Excluding the impact of coal, carloads grew a little under 2%. Additionally, declines in fuel surcharge revenue, as a result of the steep drop in fuel prices, ...
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