Norfolk Southern reports record coal volumes in May

9 June 2006 -- Norfolk Southern Corp. handled a record 17.0 million tons of total coal, coke and iron ore in May 2006, an increase of 7.9 percent when compared with May 2005 and 1.7 percent over the previous monthly record set in August of last year. NS also set a new record in May for total coal volume, which reached 16.5 million tons, up 8.7 percent compared with May of last year. This monthly record exceeded the previous record, set in August of 2005, by 1.8 percent.

Year to date, NS has handled 79.6 million tons of total coal, coke and iron ore, an increase of 3.7 percent over last year. The total volume includes 77.7 million tons of coal, which exceeds 2005 volume by 4.6 percent.

The major contributing factor to the increase in volume was strong demand for coal moving to utilities, which continue to experience increased demand for electricity generation and to rebuild their stockpiles. Additional growth also came from strong domestic metallurgical coal demand.

The utility industry is the largest market served by the NS' Coal Business Group. In fact, a record 13.4 million tons were delivered to utilities in May, an increase of 15.5 percent when compared with May 2005. In May 2006, utility tons represented 81% of total coal shipped by NS. Year-to-date, NS has moved 62 million tons of coal to the utility market, 7.6 percent more than the same period 2005. NS has experienced seven consecutive quarters of year- over-year growth in utility volume.

Sponsored by FLSmidth
Font Sizes:
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Current Magazine Issue

05/01/2013
Volume 117, Issue 5
1305pe-cover

Watch POWER-GEN 2012

Power Engineering

Article Archives for Power Engineering Magazine

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.