E-mail: admin@gz-chemical.com
Email us,best price and silane solutions for you!
Tel:+86 (20) 29035969
Coal will remain an integral part of Norfolk Southern ahead as the railroad adjusts to a
commodity that's future is "more dynamic and more uncertain," Chief Marketing Officer Alan
Shaw said Tuesday.
In a keynote address at the National Coal Transportation Association's Spring Conference,
Shaw said that while NS has made cuts to its Central Appalachian coal network in the past f
ew years, this year the company has invested in both metallurgical and thermal co
al infrastructure as those markets improved, and it will do the same when there are "clear
and identified opportunities" in its coal business.
"Clearly, when opportunities are there, we'll invest," Shaw said. He added that the railroa
d will "make sure we're there when the volumes come on."
Since 2015, NS has taken out of service a 33-mile stretch of track in West Virginia fro
m Elmore to Princeton, a 31-mile stretch of track in Virginia from Dismal to Richlands, idled
parts of the West Virginia Secondary, a 253-mile line between Columbus, Ohio, and cent
ral West Virginia, reduced train operations at its Knoxville, Tennessee, rail yard and
shut down its Ashtabula, Ohio, coal pier on Lake Erie.
Shaw said Tuesday that NS talked of shutting down Ashtabula for years as volumes began
to dwindle.
But the US coal industry, both export and domestic, has seen significant recovery since the
end of last year leading to positive revenues and volumes for the railroad, Shaw said. NS co
al volumes grew 21.9% in Q1 compared to the first three months of 2016, with totals
increasing to 245,771 carloads from 201,671 carloads.
Guangzhou Double Peach Fine Chemical Co.,Ltd
Address: No 3401 Huangpu East Road, Huangpu District, Guangzhou, China
Tel:+86 (20) 29035969 Fax:+86(20)29035979
Tel/Wechat/Whatsapp:0086 13826126978 admin@gz-chemical.com