NSC vs CSX vs UNP: How Does Coal Freight Business Compare For The Leading U.S. Railroad Companies?
- Wednesday, October 16, 2019, 7:14
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Norfolk Southern , Union Pacific, and CSX Corporation (NYSE:CSX) have seen declines in coal freight revenue over the last few years. This can be attributed to lower volume shipped, as the U.S. coal production itself has been on a decline. However, higher average selling prices, aided by…