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Norfolk Southern railroad delivered 27% higher 3Q profit

Por: ABC News Business October 26, 2022

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OMAHA, Neb. -- Norfolk Southern hauled in 27% more third-quarter profit as the railroad increased shipping rates and reduced the number of delayed deliveries that shippers have been complaining about this year.The Atlanta-based railroad said it earned $958 million, or $4.10 per share, up from $753 million, or $3.06 per share, a year ago. Those results included a charge of $117 million, or 28 cents per share, related to the raises the railroad... + full article



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