Norfolk Southern To Reopen Intermodal Facility In Greencastle, Pennsylvania

by Akanksha Bakshi, Benzinga Editor
August 13, 2021 3:05 PM | 1 min read |
  • Norfolk Southern Corp. NSC plans to reopen its intermodal facility in Greencastle, Pennsylvania.
  • Greencastle facility, which was opened in January 2013 as part of the Crescent Corridor initiative, was idled in 2019 for business reasons.
  • Norfolk Southern expects the added capacity at Greencastle to reduce terminal congestion and improve network fluidity across Pennsylvania.
  • The Greencastle terminal has the capacity for an estimated 100,000 shipping container lifts annually. The first phase of traffic at Greencastle is expected to generate around 50,000 lifts.
  • Effective Sept. 10, the railroad plans a gradual phase-in of business at the Franklin County Regional Intermodal Facility.
  • Price Action: NSC shares are trading lower by 0.02% at $268.95 on the last check Friday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: NewsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!