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.

26 Oct 2016
NS is the first and only Class I railroad to report an uptick in domestic and international intermodal business this earnings season.
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.
16 Feb 2016
Canadian Pacific Railway is asking the U.S. government to vet the viability of its proposed merger with Norfolk Southern Railway.
12 Feb 2016
UPS, one of the world’s largest transportation firms, is the first major user of North America intermodal rail services to publicly weigh in on the proposed merger of Canadian Pacific and Norfolk Southern railways, saying it opposes the potential tie-up.
10 Feb 2016
Canadian Pacific Railway CEO E. Hunter Harrison said Wednesday he will abandon a proposed takeover of Norfolk Southern Railway if shareholders at the Virginia railroad fail to pressure their board to sit down at the negotiating table with their Canadian counterparts.
09 Feb 2016
Canadian Pacific Railway said Tuesday it plans to submit a resolution asking Norfolk Southern Railway shareholders request their board of directors engage in “good faith discussions” with CP regarding its proposed merger, the newest approach after the Calgary-based company has been rebuffed three times.
03 Feb 2016
In its third white paper defending what has become an increasingly hostile bid for Norfolk Southern Railway, Canadian Pacific Railway detailed its confidence that a tie-up would pass muster with U.S. rail regulators.
27 Jan 2016
Still fighting off an increasingly hostile takeover, Norfolk Southern Railway Wednesday assured shareholders that despite weak carload volume and tumbling intermodal traffic producing a double-digit profit loss, the railroad remains better on its own.
26 Jan 2016
The potential merger of Canadian Pacific and Norfolk Southern railways, and the resulting tie-up such consolidation could spur, would shake up the Class I industry — and their shipper customers — to a degree not seen since the Staggers Act of 1980 dramatically reduced the number of major railroads operating in the U.S.