Norfolk Southern Corp

NSC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	LOCK\|K%	LOCK\|!#	LOCK\|$#$GS?C

Norfolk Southern Earnings: Intermodal Volumes Rebound Sharply

Matthew Young

Jul 23, 2026

Norfolk Southern’s second-quarter top line surged 11% year over year on a solid intermodal rebound, stronger merchandise carload activity, and higher fuel surcharges. Consolidated adjusted margin worsened due mostly to fuel noise.

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Norfolk Southern Corp

Norfolk Southern Earnings: Intermodal Volumes Rebound Sharply

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