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Norfolk Southern Corp  (NSC)
Other Ticker:  
 
    Sector  Transportation    Industry Railroads
   Industry Railroads
   Sector  Transportation
 
Price: $219.9000 $-1.94 -0.875%
Day's High: $221.04 Week Perf: -2.31 %
Day's Low: $ 216.72 30 Day Perf: -4.95 %
Volume (M): 926 52 Wk High: $ 263.66
Volume (M$): $ 203,561 52 Wk Avg: $226.07
Open: $220.00 52 Wk Low: $183.09



 Market Capitalization (Millions $) 50,673
 Shares Outstanding (Millions) 230
 Employees 18,100
 Revenues (TTM) (Millions $) 12,028
 Net Income (TTM) (Millions $) 1,414
 Cash Flow (TTM) (Millions $) 100
 Capital Exp. (TTM) (Millions $) 4,120

Norfolk Southern Corp
Norfolk Southern Corporation (Norfolk Southern) was incorporated on July 23, 1980, under the laws of the Commonwealth of Virginia. On June'l, 1982, Norfolk Southern acquired control of two major operating railroads, Norfolk and Western Railway Company (NW) and Southern Railway Company (Southern) in accordance with an Agreement of Merger and Reorganization dated as of July 31, 1980, and with the approval of the transaction by the Interstate Commerce Commission (ICC) (now the Surface Transportation Board [STB]).

NS railroads operated approximately 21,500'miles of road in the states of Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia, the District of Columbia and in the Province of Ontario, Canada.

NS railroads carry raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest, and via interchange with other rail carriers, to and from the rest of the United States and parts of Canada. They also transport overseas freight through several Atlantic and Gulf Coast ports. Atlantic ports served by NS include: Norfolk, Virginia; Morehead City, North Carolina; Charleston, South Carolina; Savannah and Brunswick, Georgia; Jacksonville, Florida; Baltimore, Maryland; Philadelphia, Pennsylvania/Camden, New Jersey; Wilmington, Delaware; and the Ports of New York/New Jersey. Gulf Coast ports served include Mobile, Alabama and New Orleans, Louisiana.

The lines of NS railroads reach most of the larger industrial and trading centers of the Southeast, Northeast, Mid-Atlantic region and Midwest. Chicago, Norfolk, Detroit, Atlanta, Metropolitan New York City, Jacksonville, Kansas City (Missouri), Baltimore, Buffalo, Charleston, Cleveland, Columbus, Philadelphia, Pittsburgh, Toledo, Greensboro, Charlotte and Savannah are among the leading centers originating and terminating freight traffic on the system.

In addition, haulage arrangements with connecting carriers allow NS railroads to provide single-line service to and from additional markets, including haulage provided by Florida East Coast Railway Company to serve southern and eastern Florida, including the port cities of Miami, West Palm Beach and Fort Lauderdale; and haulage provided by The Kansas City Southern Railway Company to provide transcontinental intermodal service via a connection with the Burlington Northern and Santa Fe Railway Company. Service is provided to New England, including the Port of Boston, via haulage, trackage rights and interline arrangements with Canadian Pacific Railway Company and Guilford Transportation Industries.

The systems lines also reach many individual industries, electric generating facilities, mines (in western Virginia, eastern Kentucky, southern and northern West Virginia and western Pennsylvania), distribution centers, transload facilities and other businesses located in smaller communities in its service area. The traffic corridors carrying the heaviest volumes of freight include those from the New York City area to Chicago (via Allentown and Pittsburgh); Chicago to Jacksonville (via Cincinnati, Chattanooga and Atlanta); Appalachian coal fields of Virginia, West Virginia and Kentucky to Norfolk, Virginia and Sandusky, Ohio; Cleveland to Kansas City; and Knoxville to Chattanooga.

Chicago, Memphis, Sidney/Salem, New Orleans, Kansas City, Buffalo, St. Louis and Meridian are major gateways for interterritorial system traffic.

COMPETITION'- There is continuing strong competition among rail, water and highway carriers. Price is usually only one factor of importance as shippers and receivers choose a transport mode and specific hauling company. Inventory carrying costs, service reliability, ease of handling and the desire to avoid loss and damage during transit are also important considerations, especially for higher-valued finished goods, machinery and consumer products. Even for raw materials, semifinished goods and work-in-process, users are increasingly sensitive to transport arrangements that minimize problems at successive production stages.

NS primary rail competitor is the CSX system; both operate throughout much of the same territory. Other railroads also operate in parts of the territory. NS also competes with motor carriers, water carriers and with shippers who have the additional option of handling their own goods in private carriage.



   Company Address: 650 West Peachtree Street NW Atlanta, 30308 GA
   Company Phone Number: 667-3655   Stock Exchange / Ticker: NYSE NSC
   


Customers Net Income fell by NSC's Customers Net Profit Margin grew to

-1.55 %

8.62 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CP        0.26% 
CSX   -2.28%    
UNP   -2.99%    
AEP   -0.62%    
BR   -0.87%    
L   -2.06%    
• View Complete Report
   



Business Update

Shareholders Urged to Drive Change at Norfolk Southern for Improved Financial Performance

Published Tue, Apr 30 2024 8:47 PM UTC

Institutional Shareholder Services Inc. (ISS), a prominent independent proxy advisory firm, has recently recommended that shareholders of Norfolk Southern Corporation (NYSE: NSC) support significant boardroom change by voting for five of the seven director candidates proposed by Ancora Holdings Group, LLC. With Norfolk Southern's financial performance declining in recent mon...

Norfolk Southern Corp

Norfolk Southern Corp's Financial Results Paint a Challenging Picture with Sharp Decline in Earnings

Norfolk Southern Corp (NSC) is one of the leading transportation companies in the United States, providing rail transportation services across the Eastern United States. The company has a long history dating back to the early 19th century when it was originally founded as the South Carolina Canal and Railroad Company. Over the years, Norfolk Southern has grown and expanded its operations, becoming a key player in the transportation industry.
However, the recent financial results for Norfolk Southern Corp paint a challenging picture for the company. In the financial span closing March 31, 2024, NSC reported a sharp decline in income, with earnings per share falling by -88.73% to $0.23 compared to $2.04 a year ago. Revenue also contracted by -4.087% to $3.00 billion from $3.13 billion in the same reporting period a year before. Additionally, operating earnings fell by -70.04% to $213 million, resulting in a decrease in operating margin to 7.09% from 22.7% in the first quarter of 2023.

Personnel Announcements

Norfolk Southern Enhances Communications and Compliance Leadership to Navigate Industry Challenges

Published Fri, Mar 15 2024 8:30 PM UTC

Norfolk Southern Strengthens Leadership with Key Appointments
Norfolk Southern Corporation (NYSE: NSC) has recently announced the appointment of Betsy Talton-Buck as the new Vice President and Chief Communications Officer, and Angie Kolar as the Vice President and Chief Compliance Officer. These appointments mark a significant development for the company as it aims to en...

Management Changes

Ancora Holdings Urges Urgent Leadership Change at Norfolk Southern Following New Train Derailment

Published Sat, Mar 2 2024 7:51 PM UTC

Ancora Urges Norfolk Southern's Board to Replace Leadership Following Train Derailment
Ohio-based Ancora Holdings Group, LLC, along with its affiliates, has called for immediate action to replace the current leadership at Norfolk Southern Corporation (NYSE: NSC) following yet another train derailment in Pennsylvania. Ancora, which holds a significant equity stake in the ...

Management Changes

Investor Group Raises Alarm on Safety and CEO Performance at Norfolk Southern

Published Thu, Feb 22 2024 11:12 PM UTC



The Investor Group comprising of Cleveland Ohio-based Ancora Holdings Group, LLC, its affiliates, and other participants in its solicitation have recently reinforced their commitment to safety at Norfolk Southern Corporation (NYSE: NSC) and reiterated concerns regarding the poor record of CEO Alan Shaw. The group, which collectively owns a significant equity stake ...






 

Norfolk Southern's Segments
 
Automotive
 Segment     of total Revenue
Chemicals
 Segment     of total Revenue
Metals & construction
 Segment     of total Revenue
Agr. & consumer & govt.
 Segment     of total Revenue
Paper, clay & forest
 Segment     of total Revenue
Total Merchandise
 Segment     of total Revenue
Coal
 Segment     of total Revenue
Intermodal
 Segment     of total Revenue
 
• View Complete Report

Norfolk Southern's Operating Statistics Decrease / Increase
       
Automotive Carloads (thousands)    Automotive Carloads (thousands) Growth   
Chemicals Carloads (thousands)    Chemicals Carloads (thousands) Growth   
Metals & construction Carloads (thousands)   Metals & construction Carloads (thousands) Decline   
Agr. & consumer & govt. Carloads (thousands)    Agr. & consumer & govt. Carloads (thousands) Growth   
Paper, clay & forest Carloads (thousands)   Paper, clay & forest Carloads (thousands) Decline   
Total Merchandise Carloads (thousands)   Total Merchandise Carloads (thousands) Decline   
Coal Carloads (thousands)   Coal Carloads (thousands) Decline   
Intermodal Carloads (thousands)   Intermodal Carloads (thousands) Decline   
Total Carloads (thousands)   Total Carloads (thousands) Decline   
Automotive Rev. Per Unit ($)   Automotive Rev. Per Unit ($) Decline   
Chemicals Rev. Per Unit ($)   Chemicals Rev. Per Unit ($) Decline   
Metals & construction Rev. Per Unit ($)   Metals & construction Rev. Per Unit ($) Decline   
Agr. & consumer & govt. Rev. Per Unit ($)   Agr. & consumer & govt. Rev. Per Unit ($) Decline   
Paper, clay & forest Rev. Per Unit ($)   Paper, clay & forest Rev. Per Unit ($) Decline   
Total Merchandise Rev. Per Unit ($)   Total Merchandise Rev. Per Unit ($) Decline   
Coal Rev. Per Unit ($)   Coal Rev. Per Unit ($) Decline   
Intermodal Rev. Per Unit ($)   Intermodal Rev. Per Unit ($) Decline   
Total Rev. Per Unit ($)   Total Rev. Per Unit ($) Decline   




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