Norfolk Southern Corp. (NYSE:NSC) increased 0.19% to close at $62.83. NSC traded 2.47 million shares for the day and its earning per share remained $3.73. Norfolk Southern Corporation (Norfolk Southern) controls a freight railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, through interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports. Norfolk Southern provides logistics services and offers intermodal network in the eastern half of the United States. Norfolk Southern and CSX Corporation (CSX) jointly own Conrail Inc. (Conrail), whose primary subsidiary is Consolidated Rail Corporation (CRC).
General Maritime Corp. (NYSE:GMR) decreased 0.79% to close at $3.79. GMR traded 1.19 million shares for the day and its earning 52 weeks range remained $3.58 – $8.82. General Maritime Corporation, through its subsidiaries, provides international transportation services of seaborne crude oil and petroleum products. The company�s vessels are primarily available for charter on a spot voyage or time charter basis. As of February 26, 2010, it operated 31 vessels consisting of 2 VLCCs, 11 Suezmax vessels, 12 Aframax vessels, 2 Panamax vessels, and 4 Handymax vessels. The company�s vessels had a total of 3.9 million dead weight tonnage carrying capacity on a combined basis.
Frontline Ltd. (NYSE:FRO) decreased 0.86% to close at $25.49. FRO traded 1.17 million shares for the day and its earning per share remained $2.28. Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers, which are configured to carry dry cargo. It operates oil tankers of two sizes: very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons (dwt) and Suezmaxes, which are vessels between 120,000 and 170,000 dwt. It operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore.
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