UPDATE 4-Norfolk Southern 4th-qtr net profit rises 37 pct

Newswire

(Adds analyst comment) CHICAGO, Jan 25 (Reuters) - Railroad operator Norfolk Southern Corp. on Wednesday posted better-than-expected fourth-quarter earnings on higher freight volumes and fuel surcharges, sending its shares up as much as 5.5 percent. The nation's railroads have seen demand and revenue soar in the past two years, due in part to hauling increased imports. Railroads introduced significant price increases in 2005 for the first time since deregulation of rail freight services ...

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