TFI's US LTL operations need heavier shipments, CEO says of Q1 results [Yahoo! Finance]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
nscorp.com/content/nscorp/en/investor-relations.html
Company Research
Source: Yahoo! Finance
Alain Bedard did not hold back discussing those issues on the company's first-quarter earnings call. The core of the U.S. LTL activities at TFI (NYSE: TFII) is known as TForce, and its roots are in the TFI acquisition of UPS' LTL operations, UPS Freight, in 2021. LTL discussions often turn to revenue per hundredweight, or yield, in analyzing how a company performed, but Bedard's focus on the call Friday leaned more to average weight per shipment. He sees it as inadequate. The U.S. LTL operations of TFI, which include some smaller carriers beyond TForce, had an average weight per shipment in the first quarter of 1,209 pounds. That is a significant improvement from a year ago when it was 1,063. But by comparison, in a down quarter, LTL carrier Saia reported a day after TFI that its average weight per shipment was 1,321 pounds, compared to 1,439 in the corresponding quarter of 2023. “We're educating ourselves to bring us freight that fits the model,” Bedard said. “We've been sa
Show less
Read more
Impact Snapshot
Event Time:
NSC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NSC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NSC alerts
High impacting Norfolk Southern Corporation news events
Weekly update
A roundup of the hottest topics
NSC
News
- Norfolk Southern Annual Meeting - Vote before May 9 to protect the value of your investment [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern Annual Meeting - Vote before May 9 to protect the value of your investmentPR Newswire
- Norfolk Southern's strategy and team continue to be praised by customers and industry associations [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern's strategy and team continue to be praised by customers and industry associationsPR Newswire
- Key regulators express support for Norfolk Southern's leadership and strategy, and concerns with Ancora's plan [Yahoo! Finance]Yahoo! Finance
NSC
Earnings
- 4/24/24 - Miss
NSC
Sec Filings
- 5/7/24 - Form DEFA14A
- 5/7/24 - Form DEFA14A
- 5/7/24 - Form DEFA14A
- NSC's page on the SEC website