Jim Squires Norfolk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fleet size. We are also pushing on fuel efficiency, closing or scaling back operations in yards and terminals and rationalizng secondary lines. All this is being done so that we can achieve target levels of profitablity. At the end of 2014, Norfolk Southern employed more than 29thousand people systemwide. At this point, we dont know how many positions will be eliminated in western virginia. Joe, is the decline of coal to blame for the companys disappointing results . Jean, its certainly a factor. The company says a weak global export market, record high temperatures in the east and low Natural Gas Prices cut coal revenues by 20 percent in the 4th quarter. And the plan to downsize the railroad includes cutitng employees in areas affected by lower coal traffic. The bad news hasnt spooked investors, though. Norfolk southern closed higher today on the new york stock exchang ....

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