Norfolk Southern’s third-quarter earnings call Wednesday touched on two themes that have been prevalent among the rails this earnings season: the need to attract and retain employees and the impact of labor shortages in warehousing and drayage on NS’ intermodal service.
NS (NYSE: NSC) has been hiring aggressively since the beginning of the year, said President and CEO Jim Squires during the call with transportation analysts. “We’re putting a lot of people through the pipeline and into the...