Could Norfolk Southern’s 3Q16 Earnings Surprise Investors? PART 3 OF 5
Triple Crown Services
In fiscal 2015, Norfolk Southern (NSC) restructured its underperforming subsidiary, Triple Crown Services. The aim of this restructuring was to focus on hauling vehicles and auto parts, given booming automotive sales. In this part, well look at the market conditions challenging NSCs intermodal business.
The challenges ahead
The strength of US dollar is concerning. While the strong US dollar is hampering US exporters, imports have…
Read the full article at: http://marketrealist.com/2016/10/can-restructuring-boost-norfolk-southerns-intermodal-business/