Globalization Is Breaking - And It Changed The Way I Invest

China's evolving geopolitical ambitions and supply chain dominance are reshaping global trade, with profound investment implications across sectors. Economic reshoring is a durable, bipartisan U.S. theme, favoring transportation and industrial infrastructure plays like UNP, CP, ODFL, and ROK. I see risk in U.S. tech and auto sectors facing rising Chinese competition, while margin-focused agriculture and industrial automation names like DE and TRMB offer opportunity.

Seeking Alpha • Feb 8, 2026

By Merging, Union Pacific And Norfolk Southern Can Find The Future

Henry Ford didn't invent cars, but he did make it possible for “the great multitude” to own them. By dividing up automobile production among thousands of men, Ford oversaw production surges that enabled individual specialization in tiny tasks.

Forbes • Feb 5, 2026

These hot S&P 500 stocks show where investors are heading as they run away from tech

The industrials sector has been a big beneficiary of the rotation out of tech, with a number of defense and transportation stocks hitting new highs on Wednesday.

Market Watch • Feb 4, 2026

Norfolk Southern rail fuels more than $7.7B in industrial development activity in 2025

More than 60 projects helped drive business and job growth for local economies ATLANTA, Feb. 2, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) customers advanced over 60 industrial development projects in 2025, representing $7.7 billion in industry investment for new or expanded rail–served facilities along Norfolk Southern and short line partner routes. This economic activity across states and industries was made possible by the reach of Norfolk Southern's strategic network footprint.

PRNewsWire • Feb 2, 2026

Norfolk Southern posts rise in quarterly profit on cost control

Norfolk Southern reported a rise in fourth-quarter profit on Thursday on cost controls amid uneven freight demand and persistent macroeconomic strain.

Reuters • Jan 29, 2026

Norfolk Southern Profit, Revenue Falls

Norfolk Southern reported lower income and revenue in the fourth quarter, as it continues to operate in what Chief Executive Mark George called a volatile and challenging macroeconomic environment.

WSJ • Jan 29, 2026

Norfolk Southern Corporation (NSC) Q4 2025 Earnings Call Transcript

Norfolk Southern Corporation (NSC) Q4 2025 Earnings Call Transcript

Seeking Alpha • Jan 29, 2026

Norfolk Southern reports fourth quarter and full year 2025 results

Delivered on safety and service improvements while exceeding full year productivity target, achieving over $215 million in annual savings ATLANTA, Jan. 29, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Thursday its fourth quarter and full year 2025 financial results. In the quarter, revenue was $3.0 billion, income from railway operations was $937 million, operating ratio was 68.5%, and diluted earnings per share were $2.87.

PRNewsWire • Jan 29, 2026

Norfolk Southern (NSC) Beats Q4 Earnings Estimates

Norfolk Southern (NSC) came out with quarterly earnings of $3.22 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $3.04 per share a year ago.

Zacks Investment Research • Jan 29, 2026

Norfolk Southern (NSC) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Norfolk Southern (NSC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research • Jan 29, 2026