In a service alert, Norfolk Southern stated: “As forecasted, the tropical disturbance we previously alerted you about has now intensified into a Category 3 hurricane, with potential to intensify to a Category 4 before making landfall. Hurricane Helene is projected to make landfall at the Florida panhandle on September 26 around 7:00 p.m. EST. Norfolk Southern is already experiencing operational impacts (curtailing or ceasing train movement) due to high winds and heavy rains in Florida and South Georgia. We expect the impact to our operations to persist through the end of the week as the storm tracks across the Southeast and Southern areas of our network including the Southern Appalachians. Additional route restrictions are expected in these areas with high wind and heavy rain. As a result, we have activated our emergency response plan, including advanced placement of equipment and materials in strategic locations, and when it is safe for our employees and contractors to do so, we will work expeditiously to get any impacted routes and facilities back online and operating at full capacity. Customers with shipments moving through the Southeast and Mid-Atlantic should prepare for delays of at least 72 hours… Thank you for your patience and understanding as we work through these weather challenges. Employee and partner safety and the safe handling of your shipments remain our top priority. We will issue our next update as significant changes occur.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSC:
- Norfolk Southern names Brian Barr chief mechanical officer
- North American rail traffic up 2.8% for the week ending September 21
- Norfolk Southern price target raised to $276 from $265 at Evercore ISI
- Norfolk Southern names Jason Zampi as CFO, Jason Morris as Chief Legal Officer
- North American rail traffic up 4.5% for the week ending September 14
