Rail shippers face premium service plan by Norfolk and Western
Norfolk and Western offers a premium service for coal ships at Hampton Roads charging $1 per ton to put a collier at the head of the loading line. Critics call it ransom or blackmail as demurrage costs loom for buyers. N&W argues the option saves money and time by skipping long wait periods, with ten ships already under contract and more in the works. The measure aims to boost coal exports from Lambert's Point pier amid a global demand boom.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Hampton Roads
Norfolk & Western Railway
N&w
William Bales
Henri Pollart
Ameropa Coal Trading and Shipping Co
Lambert's Point
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