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Stock impact report

Transportation and Logistics Stocks Q3 In Review: Norfolk Southern (NYSE:NSC) Vs Peers [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The growth of e-commerce and global trade continues to drive demand for shipping services, presenting opportunities for transportation and logistics companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Companies that win in this space boast speed, reach, reliability, and last-mile efficiency while those who do not see their market shares diminish. Like other industrials companies, transportation and logistics companies are at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs influence profit margins. The 28 transportation and logistics stocks we track reported a satisfactory Q3. As a group, revenues beat analysts' consensus estimates by 1.2% while next quarter's revenue guidance was 0.7% below. In light of this news, share prices of the companies have held steady. On average, Show less Read more
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