If the country moves towards a recession, tariffs effect shippers, will NS maintain the work force durning the down turn as they promised?
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Who's the id--t now !
Because your an id--t
Pa state senator visiting jls first week of June. What for ,don't know.
But, but he's a financial genius./s
This is why you don’t allow a convicted felon to take office.
Cleveland cliffs mill in Steelton PA closing mfg. of rails and other railroad products .550 will be losing jobs
Are we great yet? I'm sure this labor friendly administration will block this from happening . /s
Why do y'all think the AAR asked for 1 man crews? It's a win win for the shareholders, loss for everyone else. If traffic stays the same that's half as many people needed. If traffic drops, still half and they'll call it "reflection of the market".
Cleveland Cliffs idling 3 more steel mills. 950 to be laid off. 2 of them NS served. Not sure about the third.
Trump how you like me now
Norfolk Southern Railway (NS) will eliminate international intermodal service on more than 20 routes along the US East Coast, including trains between the Port of Virginia and the key inland hub of Memphis, due to insufficient container volumes.
The service changes will take effect May 31, according to a notice NS sent to customers that was obtained by the Journal of Commerce. The railroad did not make a formal public announcement but confirmed the details.
These tarriffs are a bad idea. They amount to no more than a national sales tax. They are a regressive tax also because the less you earn, a greater percent of your earnings goes towards the tax. The importers were never going to pay this tax. It was always going to be passed on to the end purchaser. But anyway, what do I know, I'm just a Carman not an Economist.
UPS cutting 20 000 jobs
I think I'm beginning to understand how someone could bankrupt a casino. its going to be a long 4 years.
The interconnectedness of the global supply chain means these tariffs create a ripple effect. A decline in international shipments hits trucking first, but the downstream impact on intermodal rail is inevitable. And the potential shift in agricultural buying patterns will be the 'final blow' for commodity shipments later this year. The railroads are set in motion for an extreme decline, even if the tarriffs were canceled today the ripples have already started and they'll only continue
Per Freight Waves, mass layoffs coming for trucking due to the trade war with China. Doesn't mention the Railroads but they will probably be next.
So much winning. Art of the deal in action
Large drop in container shipments to West Coast ports, little affect on NS, could be trouble by this summer.
Just saying.
How much do the shareholders have to lose till they get the axe out ?
your 401k did also
this economy just hit the derail
British auto manufacturer stops all shipments to US. Drop in rail shipments will follow.
Just saying.
Close your eyes and what do you see !
I sure hope someone lets us know when we get great again. im just not seeing it.
It begins.
Two US auto plants announced closing today,
No.
I've heard from a reliable source that Norfolk Southern is building new warehouses and adding new customers along its Network anyone heard about this????
False . Look it up. His first 3 years the GDP averaged 3.4%
Drop in auto production would affect NS, imports dropping WOULD HURT CSX with Baltimore being the main entry port on the East coast.
Cleveland cliffs steel in Dearborn mi. Is laying off 600 due to. less autos being built .will this affect ns . I don't know
If the Company feels the Workforce is too much for the current Economy Layoffs will happen period. Don't think for one second your anything more than an Employee ID Number because Your not. Your Overhead costing investors profits.
Latest contract specifically states if 25% tariffs are placed on imports , a 15% wage reduction effective for duration of said tariff , ,
Well if there's one thing about this company is it's good at keeping promises! You have nothing you fear! /s