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Norfolk Southern Corp (N:NSC)

Business Focus: Railway Freight Operators

Sector:  Industrials Industry:  Ground Freight & Logistics
 
See Regulatory Filings on SEC
Company Contact
Address: 650 W Peachtree Street Nw
ATLANTA GA 30308
Tel: 1-470-8674807
Website: www.nscorp.com
IR: See website
Key People
Alan H. Shaw
President, Chief Executive Officer, Director
Mark R. George
Chief Financial Officer, Executive Vice President
John F. Orr
Chief Operating Officer, Executive Vice President
Claude E. Elkins
Executive Vice President, Chief Marketing Officer
Nabanita C. Nag
Executive Vice President, Chief Legal Officer
Angie Kolar
Chief Compliance Officer, Vice President
Claiborne L. Moore
Vice President, Controller
Christopher J. Ceraso
Vice President- Integrated Resource Planning
Betsy Talton-buck
Vice President, Chief Communication Officer
Business Overview
Norfolk Southern Corporation is a holding company, which is engaged in the rail transportation business. The Company is engaged in the rail transportation of raw materials, intermediate products, and finished goods in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through several Atlantic and Gulf Coast ports. It offers an intermodal network in the eastern half of the United States. Its railroad operations system reaches various manufacturing plants, electric generating facilities, mines, distribution centers and transload facilities. It is also a transporter of industrial products, including agricultural, forest and consumer products, chemicals, and metals and construction materials. It serves every container port and a principal carrier of coal, automobiles and automotive parts. It operates Great Lakes Reload (GLR) property in Chicago, a transload and warehouse facility.
Financial Overview
For the three months ended 31 March 2024, Norfolk Southern Corp revenues decreased 4% to $3B. Net income applicable to common stockholders decreased 89% to $52M. Revenues reflect Intermodal segment decrease of 8% to $745M, Coal segment decrease of 10% to $396M. Net income also reflects Eastern Ohio incident increase of 53% to $592M (expense), Other income - net decrease of 68% to $18M (income). Dividend per share remained flat at $1.35.