CHICAGO, Jan 24 (Reuters) - U.S. railroad Norfolk Southern Corp. is seeing slowing economic growth translate into lower freight volumes in some areas in the first quarter so far, the company's top executive said on Wednesday. "(O)verall carloadings are experiencing downward pressure, especially in automotives and metals," Chief Executive Officer Wick Moorman told analysts at an analysts' meeting in New York, which was also broadcast as a conference call.
Premium Content (PAID Subscription Required)
"Norfolk Southern Q1 carloadings under pressure-CEO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.