Coal Shipping & Exports
CSX and Norfolk Southern have done a better job offering strong dividend growth, but Union Pacific offers a solid 2.1% yield -- somewhat worse than CSX's 2.6% -- and beats out Canadian National Railway's 1.7% yield. Norfolk Southern, however, beats them all with a 2.7% yield.
These conditions have also helped companies like Norfolk Southern, which has recently reported increases in its coal and automotive shipments, and CSX, which recently reported higher overall freight volume. …(Investors daily 6/29/2012 2:19pm)
Northern Region coal shipments declined, but exports from the Eastern and Southern Customs Regions continued surging during the first quarter of 2012. Total US coal exports were up 3.5 percent, putting the country on track to possibly set an all-time coal export record in 2012…..(Sightline Daily 28 June 2012.. 4:10pm