Norfolk Southern tops profit estimates as freight demand stays strong
Published . Updated .
Covered by 3 outlets: Tacoma News Tribune, Reuters, Central Oregon Daily.
Who covered it: Center 1 · Not rated 2. How we rate outlets
This report is about Shipping. Names like DAC and GSL typically gain because ship owners earn more when vessels are tied up longer.
Directly affected
- NSC Norfolk Southern+2.6%
Named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping-1.9%
Container lines are exposed when a shipping lane is disrupted
- MATX Matson-5.7%
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos+3.4%
Ship owners earn more when vessels are tied up longer
- GSL Global Ship Lease-8.6%
Ship owners earn more when vessels are tied up longer
- SBLK Star Bulk Carriers-6.6%
Dry-bulk carriers move with commodity shipping demand
- GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand
Price reaction, T-5 to T+3
Market Call
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Norfolk Southern tops profit estimates as freight demand stays strong Tacoma News Tribune
Source: Tacoma News Tribune
How solid the shipping case looks
38 out of 100
“Norfolk Southern tops profit estimates as freight demand stays strong” scores 38 out of 100. The score uses 3 sources.