Norfolk Southern today reported fourth quarter income fell 17% to $937 million on revenue that was down 2% to $3 billion, as freight volumes declined 4% from a year ago. Diluted earnings per share were $2.87, down 36 cents, or 11%, compared to fourth quarter 2024. Taking out expenses related to the proposed merger with Union Pacific (NYSE: UNP) and ongoing costs of the East Palestine, Ohio, derailment, per share earnings were $3.22, up 6%, y/y. The Atlanta-based company (NYSE: NSC) said current quarter ...