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On Wednesday, it was reported that Norfolk Southern Corp’s (NSC.N) Lamberts Point coal export terminal is expected to be back in full operation by Friday, after two conveyor belt failures halted loadings last weekend.
On Wednesday, it was reported that Norfolk Southern Corp’s (NSC.N) Lamberts Point coal export terminal is expected to be back in full operation by Friday, after two conveyor belt failures halted loadings last weekend.
The press release is quoted as saying:
Norfolk Southern lists Lamberts Point’s maximum coal-loading capacity as 42 million tons annually. The U.S. coal industry produces a bit more than 1 billion tons of coal a year, with 4 percent to 8 percent of that exported.
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