ger*ry
One of those "minor weaknesses," perhaps
It's always interesting to wander through our local railyard, near downtown. Not much to it actually, other than a couple of rusty siding tracks adjoining the main line. This is Norfolk Southern property. We're on one of their main trunk lines from Memphis to Atlanta, Knoxville and points east. The historic Huntsville train depot is right beside the track, but serves no function relative to train traffic, and isn't even owned by NS.
What never fails to catch my eye is scenes like that above -- piles of stuff that I never can figure out: is it scrap and junk, materials that they're in the process of using or going to use eventually, or what? I don't know if this is the norm for how railroads operate, or a local aberration. Despite such questions, though, NS is rolling along nicely from a financial standpoint:
According to a bit of investment advice I came across:
"TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Never mind their sloppy "housekeeping" (or lack of it) I guess.
One of those "minor weaknesses," perhaps
It's always interesting to wander through our local railyard, near downtown. Not much to it actually, other than a couple of rusty siding tracks adjoining the main line. This is Norfolk Southern property. We're on one of their main trunk lines from Memphis to Atlanta, Knoxville and points east. The historic Huntsville train depot is right beside the track, but serves no function relative to train traffic, and isn't even owned by NS.
What never fails to catch my eye is scenes like that above -- piles of stuff that I never can figure out: is it scrap and junk, materials that they're in the process of using or going to use eventually, or what? I don't know if this is the norm for how railroads operate, or a local aberration. Despite such questions, though, NS is rolling along nicely from a financial standpoint:
According to a bit of investment advice I came across:
"TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Never mind their sloppy "housekeeping" (or lack of it) I guess.