Norfolk Southern hauled more coal for domestic consumption in the third quarter than coal for export, reflecting a trend in where coal moves by railroad.
In the three months ending on Sept. 30, Norfolk Southern moved nearly 8.8 million tons of coal for U.S. power plants, according to a financial presentation on Thursday, a 6% increase from the year before.
That’s the reverse of a year ago, when the railroad moved 8.8 million tons for overseas markets. This year, the railroad’s export tonnage fell 16%…