Filed under: Commodities, Stocks to Buy, Norfolk Southern Corp. (NSC)
Most transportation officials agree that the United States’ transportation infrastructure - - highways, roads, bridges, mass transit systems - - is in need of a major upgrade in order to meet the nation’s transportation needs of the 21st century.
The nation’s public officials will begin to address the above concern in the years ahead, as public funds become available, but until they do, and due to crude oil’s sustained high price, an opportunity has emerged for another transportation form: you guessed it, the railroads. And Norfolk Southern Corp. (NYSE: NSC) is a railroad worth a review.
Norfolk Southern provides rail transportation in the eastern U.S. and Canada, operating a 21,000-mile rail network. It’s an elaborate intermodal and coal service network that also has a large freight business.
Continue reading In eastern U.S., Norfolk helps keep everything in motion
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