Norfolk Southern Railway

Norfolk Southern intermodal train

Norfolk Southern Railway is a U.S. Class I railroad owned by Norfolk Southern Corporation operating 20,000 route miles of track in 22 states and the District of Columbia. The railroad provides service to every major Eastern seaport, 10 river ports and nine lake ports, and it has an extensive intermodal network. The company employed 30,103 individuals and reported 2013 revenue of $11.2 billion — up 1.8 percent year-over-year.

The Norfolk, Virginia-based railroad was formed in 1982 with the creation of the Norfolk Southern Corporation, which brought together Norfolk & Western Railway and Southern Railway, but has predecessors dating as far back as 1827.

Norfolk Southern Railway recorded revenue of $3.04 billion in the second quarter of 2014, up 8.5 percent from year-earlier revenue of $2.8 billion. 2014 half-year revenue was $5.73 billion, up 3.4 percent from the previous year.

Webcasts

Midyear Trucking Report: Is a Rally or Retreat Ahead?
Aug 25, 2016 2:00PM EDT
Weak coal and intermodal demand combined with a restructuring effort to bring down second-quarter profit and revenue at Norfolk Southern Railway.
27 Jul 2016
Norfolk Southern railway’s results paint the near-final brushstrokes on the grim landscape that Class I railroads faced in the second quarter.
23 May 2016
At the 16th TPM Conference JOC Senior Content Editor Alessandra Barrett and Norfolk Southern Railway Director of International Intermodal Randy Bayles discuss how the expansion of the Panama Canal has impacted how NS serves ports on the U.S. East Coast and the challenges presented to intermodal rail providers by container surges from mega-ships.
22 Apr 2016
Fresh from fending off an acquisition attempt, Norfolk Southern Railway delivered strong first-quarter profit growth, showing off efficiencies that helped the railroad more than compensate for intermodal business dragged down by a division restructuring.
18 Apr 2016
Canadian Pacific Railway might still make another play to acquire a Class I railroad. But if Chief Executive E. Hunter Harrison wants to succeed where he has failed twice before — with CSX Transportation in 2014 and with Norfolk Southern Railway this year — he’ll need to take a more diplomatic approach to sway legislators, regulators, shippers and shareholders, rail analysts told JOC.com.
11 Apr 2016
Canadian Pacific Railway announced Monday it has dropped its fight to merge with rival U.S. firm Norfolk Southern Railway, saying it sees “no clear path to a friendly merger at this time.”
06 Apr 2016
The proposed merger of Canadian Pacific and Norfolk Southern railways has put the chair of the House Committee on Transportation and Infrastructure at odds with the former ranking member of the committee.
30 Mar 2016
Canadian Pacific and Norfolk Southern railways are drawing lines in the sand ahead of a looming shareholder meeting, where NS investors will vote over whether their board should come to the negotiating table with a merger-minded CP.
Norfolk Southern Railroad
29 Mar 2016
Norfolk Southern Railway has set a date for its annual shareholders meeting, setting the stage for a showdown with Canadian Pacific Railway, its longtime suitor that has been pursuing a merger with NS for nearly five months.
10 Mar 2016
Norfolk Southern Railway is enhancing its twice-weekly intermodal rail service connecting the Port of Charleston and Charlotte, North Carolina, to five times a week to meet rising freight demand, the South Carolina Ports Authority announced Thursday.
09 Mar 2016
Canadian Pacific Railway officially filed its proxy statement with the U.S. Securities and Exchange Commission Wednesday outlining a shareholder resolution to be considered at Norfolk Southern Railway’s annual meeting this spring. But, the overture merely asks NS shareholders to consider a trust rather than set the stage for control over the NS board.
03 Mar 2016
FedEx, the largest less-than-truckload carrier in North America and the second-largest trucking operator in the U.S., has joined the league of logistics industry groups, including rival UPS, opposed to a proposed Canadian Pacific-Norfolk Southern railway merger.
03 Mar 2016
Canadian Pacific Railway has officially requested U.S. rail regulators speed along an official review vetting the viability of its proposed merger with Norfolk Southern Railway in time for an NS shareholder meeting this spring.