(Source: Reuters, May 28, 2012)
CHICAGO — More cars, less coal. That sums up the shipping trends at the biggest U.S. railroads so far in the second quarter. Three of the biggest freight railroads — Kansas City Southern, Norfolk Southern Corp. and CSX Corp. — reported strong growth in auto shipments but weakness in their key coal-hauling businesses, as they gave midquarter updates to a transportation conference recently.
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