Headquarters: Norfolk, VA, United States
Founded: July 23, 1980 in Norfolk, Virginia, United States
CEO: Mr. James A. Squires
USD as of April 1, 2022
Norfolk Southern Corporation is a transportation company. Through its Norfolk Southern Railway Company subsidiary, it is engaged in freight-hauling across 22 states and the District of Columbia on more than 19,000 route miles. Norfolk Southern is also involved in real estate, acquiring, managing and developing, leasing, and selling land for agricultural, industrial and infrastructure uses.
|Company||Market Cap (USD)|
|Union Pacific||$184.19 B|
|Canadian National Railway Company||$94.96 B|
|Canadian Pacific Railway Limited||$54.59 B|
|Beijing-Shanghai High-Speed Railway Co.,Ltd.||$36.90 B|
|MTR Corp Ltd||$33.66 B|
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, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; 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; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.
The Norfolk Southern Railway (reporting mark NS) is a Class I freight railroad in the United States. With headquarters in Atlanta, Georgia, the company operates 19,420 route miles (31,250 km) in 22 eastern states, the District of Columbia, and has rights in Canada over the Albany to Montréal route of the Canadian Pacific Railway, and previously on CN from Buffalo to St. Thomas. NS is responsible for maintaining 28,400 miles (45,700 km), with the remainder being operated under trackage rights from other parties responsible for maintenance. The most common commodity hauled on the railway is coal from mines in Indiana, Kentucky, Pennsylvania, Tennessee, Virginia, and West Virginia. The railway also offers the largest intermodal network in eastern North America. Norfolk Southern was formed in 1982, following the Norfolk and Western railroad being merged into the Southern railroad. NS is a major transporter of domestic and export coal. The railway's major sources of the mineral are located in Pennsylvania's Cambria and Indiana counties, as well as the Monongahela Valley; West Virginia; and the Appalachia regions of Virginia, Kentucky, and Tennessee. In Pennsylvania, NS also receives coal through interchange with R.J. Corman Railroad/Pennsylvania Lines at Cresson, Pennsylvania, originating in the "Clearfield Cluster". NS's export of West Virginia bituminous coal begins transport on portions of the well-engineered former Virginian Railway and the former N&W double-tracked line in Eastern Virginia to its Lambert's Point coal pier on Hampton Roads at Norfolk. Coal transported by NS is thus exported to steel mills and power plants around the world. The company is also a major transporter of auto parts and completed vehicles. It operates intermodal container and TOFC (trailer on flat car) trains, some in conjunction with other railways. NS was the first railway to employ roadrailers (highway truck trailers with interchangeable wheel sets). Norfolk Southern is the namesake and leading subsidiary of the Norfolk Southern Corporation, based in Norfolk, Virginia. Norfolk Southern Corporation was incorporated in Virginia on July 23, 1980 and is publicly traded on the New York Stock Exchange (NYSE) under the symbol NSC. The primary business function of Norfolk Southern Corporation is the rail transportation of raw materials, intermediate products, and finished goods across the Southeast, East, and Midwest United States. The corporation further facilitates transport to the …
Source: Wikipedia, retrieved on March 31, 2022, 9:02 p.m.
Jim Squires (Chairman, President, and CEO)
Revenue: US$9.789 billion (2020)
Operating income: US$3.002 billion (2020)
Net income: US$2.013 billion (2020)
Total assets: US$37.962 billion (2020)
Total equity: US$14.791 billion (2020)