Norfolk Southern (NSC) 8-K Norfolk Southern reports first-quarter 2020 results, non-cash asset rationalization charge related to PSR implementation

Railway Operating Revenues Analysis

	Revenues				Units				Revenue per Unit
			($ in millions)				(in thousands)				($ per unit)
Commodity and Period	2019		2018		2019		2018		2019		2018
First Quarter
Agriculture, forest and consumer products	$	558	$	594		190.7		211.2	$	2,927	$	2,811
Chemicals		507		400		145.0		106.5		3,495		3,751
Metals and construction		370		368		164.4		185.6		2,255		1,985
Automotive		251		243		98.1		102.8		2,557		2,362
Merchandise		1,686		1,605		598.2		606.1		2,819		2,647
Intermodal		719		678		1,071.0		1,049.2		671		647
Coal		435		434		236.3		249.1		1,839		1,743
Total	$	2,840	$	2,717		1,905.5		1,904.4		1,490		1,427
Second Quarter
Agriculture, forest and consumer products	$	577	$	629		200.6		221.7	$	2,875	$	2,839
Chemicals		544		396		153.7		108.1		3,541		3,670
Metals and construction		384		440		182.1		221.0		2,104		1,986
Automotive		251		253		101.8		104.7		2,471		2,421
Merchandise		1,756		1,718		638.2		655.5		2,751		2,621
Intermodal		701		714		1,048.5		1,091.8		668		654
Coal		468		466		258.3		273.6		1,815		1,704
Total	$	2,925	$	2,898		1,945.0		2,020.9		1,504		1,434
Third Quarter
Agriculture, forest and consumer products	$	572	$	653		191.7		223.2	$	2,984	$	2,926
Chemicals		535		426		148.2		114.6		3,609		3,719
Metals and construction		377		413		182.5		209.6		2,066		1,972
Automotive		247		245		99.5		98.4		2,480		2,486
Merchandise		1,731		1,737		621.9		645.8		2,783		2,690
Intermodal		707		746		1,059.9		1,116.2		668		669
Coal		403		464		218.7		255.8		1,842		1,812
Total	$	2,841	$	2,947		1,900.5		2,017.8		1,495		1,461
Fourth Quarter
Agriculture, forest and consumer products	$	549	$	647		180.7		217.6	$	3,036	$	2,974
Chemicals		506		412		142.0		112.7		3,565		3,652
Metals and construction		330		375		156.1		183.4		2,119		2,044
Automotive		245		250		95.3		98.0		2,563		2,550
Merchandise		1,630		1,684		574.1		611.7		2,839		2,752
Intermodal		697		755		1,027.8		1,118.5		678		675
Coal		363		457		200.7		255.0		1,811		1,792
Total	$	2,690	$	2,896		1,802.6		1,985.2		1,492		1,458
Year
Agriculture, forest and consumer products	$	2,256	$	2,523		763.7		873.7	$	2,953	$	2,888
Chemicals		2,092		1,634		588.9		441.9		3,553		3,697
Metals and construction		1,461		1,596		685.1		799.6		2,133		1,996
Automotive		994		991		394.7		403.9		2,517		2,453
Merchandise		6,803		6,744		2,432.4		2,519.1		2,797		2,677
Intermodal		2,824		2,893		4,207.2		4,375.7		671		661
Coal		1,669		1,821		914.0		1,033.5		1,826		1,762
Total	$	11,296	$	11,458		7,553.6		7,928.3		1,495		1,445