http://www.businessweek.com/news/2012-09-19/norfolk-southern...Norfolk Southern announced an earnings warning yesterday on slower coal shipments and small reduction in general merchandise.Coal shipments have been under pressure due to low natural gas prices as well as reduced economic activity in Europe.The real question is does this indicate a slowing economy and predict another recession, or is it a localized glitch. BW mentions also Fed Ex and sees it as a broader indicator. Time will tell.
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