Norfolk Southern

Norfolk Southern Corporation is a transportation company based in Norfolk, Virginia.

Categories

Industrial Manufacturing  

#318

Rank

$53.45B

MarketCap US

US United States

Country

Summary

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; provides commuter rail passenger transportation services; and operates an intermodal network. As of December 31, 2022, the company operated approximately 19,100 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia.


History

Norfolk Southern Corporation (NSC) is a Fortune 500 transportation company which operates in the eastern United States and Canada. It was created in 1982 when two railroads, Norfolk and Western Railway and Southern Railway merged. NSC first began operations as a subsidiary of Norfolk and Western Railway in 1982, serving mainly to compete with the rapid expansion of CSX Transportation. In the late 1980s and early 1990s, NSC began expanding its operations outside of the east coast to compete with other regional railroads and to enter markets that had previously been inaccessible. In 1997, Norfolk Southern Corporation merged with Conrail, gaining access to key eastern markets such as Delaware, Michigan, and New York. This merger was largely successful, and allowed Norfolk Southern to become one of the largest and most influential railroads in the United States. Since its founding, Norfolk Southern has continually expanded its operations with numerous mergers, acquisitions, and subsidiary companies that have enabled the company to significantly increase its customer base and become a leader in the transportation industry. Additionally, the company has adopted various green initiatives such as the adoption of electric locomotives and the use of renewable energy sources in its operations.


Mission

Norfolk Southern’s mission is to provide value to customers through safety, superior service, efficiency, and innovative solutions.


Vision

Norfolk Southern’s vision is to be the premier transportation provider, connecting America’s customers to their business opportunities.


Key Team

Cynthia M. Sanborn (Executive Vice President and Chief Operating Officer)

Thomas Bell Jr (Board Member)

Amy E. Miles (Board Member)

Ann A. Adams (Exec VP/Chief Transformation Officer)

Jennifer F. Scanlon (Board Member)

John R. Thompson (Board Member)

Michael D. Lockhart (Board Member)

Steven F. Leer (Board Member)

Christopher T. Jones (Board Member)


Recognition and Awards
Norfolk Southern is dedicated to rewarding and recognizing employees for their safety, commitment, and development, and offers a variety of programs and awards to do so.

References
Norfolk Southern
Leadership team

Alan H. Shaw (Board Member)

Mark R. George (Exec VP:Finance/CFO)

Industries

Industrial Manufacturing

Number of Employees
20,000 - 50,000
Headquarters
Atlanta,Georgia,UnitedStates
Established
1980
Company Type
Statutory corporation
Company Registration
SEC CIK number: 0000702165
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NSC
Social Media

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Fri Mar 01 2024
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