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Intermodal Drove Norfolk Southern’s Traffic Volume in Week 48

Intermodal Drove Norfolk Southern’s Traffic Volume in Week 48

Norfolk Southern (NSC) reported 0.3% YoY growth in its rail traffic volume in week 48. The company pulled 153,072 railcars compared to 152,584 units in the same week last year. The YoY growth was mainly driven by the strong performance in Norfolk Southern’s intermodal business, which more than offset the weakness in the Carload segment.