NS chief: Proposed regulations threaten carrier finances

05/17/2010 | Journal of Commerce, The

Norfolk Southern CEO Wick Moorman blasted shippers groups for pushing for a law that threatens carriers' bottom lines. Shippers are pressing for new regulations that would "alter the economic regulatory regime which governs us so as to lower their rates, and at the same time seriously damage our ability to earn adequate returns for you our shareholders, and invest in the future," Moorman said.

View Full Article in:

Journal of Commerce, The