NS intermodal revenue beats coal

[NW Mailing List]

Another sign of the times:

NS reported more revenue from intermodal traffic 
than from coal in 2014. I think this may be a first:

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2014 SUMMARY

·        Railway operating revenues reached a 
record $11.6 billion, 3 percent higher compared 
with 2013, driven by a 5 percent increase in traffic volume.

·        General merchandise revenues rose 6 
percent to $6.7 billion, and traffic volume 
increased 5 percent compared with the prior year.

·        Intermodal revenues increased to $2.6 
billion, up 7 percent compared with 2013. Traffic 
volume was 8 percent higher for 2014 compared with 2013.

·        Coal revenues were $2.4 billion, down 6 
percent, due to a 5 percent decline in traffic volume compared with 2013.

·        Railway operating expenses were $8 
billion, up 1 percent compared with 2013.

·        Income from railway operations was a 
record $3.6 billion, 10 percent higher compared with 2013.

·        The operating ratio for the year was a 
record 69.2 percent, a 3 percent improvement 
compared with 71.0 percent in 2013.

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Ron Davis 


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