A swirl of coal cars in Norfolk, Virginia:
A Daily Overview commenter has mixed feelings over the photo:
So cool...except for that whole coal thing
Norfolk Southern says the Lambert facility has an annual throughput capacity of 48 million tons. The company has been courted by a Canadian counterpart over the past several months for a possible merger, but it’s not going very well:
Norfolk Southern has sternly rejected all of Canadian Pacific's takeover offers even as they approached roughly $30 billion. Norfolk Southern has said the offers have been so “grossly inadequate” that there wasn’t much point in discussing a possible deal.
Talk about a coal shoulder.
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