Norfolk Southern (NYSE: NSC) could be forced to pay millions of dollars for breaching a contract to ship coal to coal-fired power plants, a jury determined last week.
A jury found on Sept. 17 that NS didn’t deliver coal supplied by Alabama-based Drummond Coal from the Shipyard Terminal in Charleston, South Carolina, to 23 destinations in the eastern U.S. The case was heard in the U.S. District Court in Roanoke, Virginia.
NS declined to comment on the proceeding since it’s part of ongoing litigation.
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