Norfolk Southern Banks on Dividends & Buybacks Despite Debt Woes

Norfolk Southern’s (NSC) efforts to reward its shareholders through dividends and buybacks are encouraging. However, high debt load and economic uncertainties are concerning.Factors Aiding NSCE-commerce growth is a tailwind for Norfolk Southern. E-commerce, which has gained in importance, leads to greater demand for intermodal services, the long-haul movement of shipping containers from ship to rail and truck. It is hardly surprising that the pace of growth of e-commerce demand has slowed from the levels wi ...