(Source: Freight Waves, October 23, 2019)
CHATTANOOGA, Tenn. — Declining coal and intermodal volumes contributed to a 3% drop in third-quarter profits for Norfolk Southern. Third-quarter net income fell 6% to $657 million, or $2.49/diluted share, compared with $702 million, or $2.52/diluted share, in the third quarter of 2018.
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