Norfolk Southern's 4th-quarter profit falls 33%

Norfolk Southern's 4th-quarter profit falls 33%

Newsy

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ViewNorfolk Southern's fourth-quarter profit fell 33% because of the ever-growing costs of the cleanup of last year's fiery derailment in eastern Ohio, but the railroad did deliver 3% more shipments during the quarter and even without the costs related to that toxic crash its profits still would have been down 14%.

The...

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