Norfolk Southern profit falls 46% as virus slows shipments

OMAHA, Neb. (AP) — Norfolk Southern Corp.’s second-quarter profit fell 46% as the railroad hauled 26% less freight because of the coronavirus outbreak’s impact on the economy. The railroad said Wednesday that it earned $392 million, or $1.53 per share, during the quarter. That’s down from $722 million, or $2.70 per share, a year ago. […]