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.
13 Jan 2016
The top executive at the largest U.S. railway said Wednesday he will do everything within his power to prevent further consolidation within the Class I rail industry, the likes of which has been suggested with the proposed tie-up of Canadian Pacific and Norfolk Southern railways.
13 Jan 2016
Just as Class I railroads announce service has finally recovered to 2013 levels, harsh winter weather is testing their improved train speeds and dwell times.
13 Jan 2016
Canadian Pacific and Norfolk Southern railways clashed again over a proposed merger, with the former making another case for consolidation and the latter showing off again how it’s boosting efficiency independently by combining operations.
12 Jan 2016
With weaker carload volume due to lagging industrial and energy sectors and intermodal revenue despite volume growth, CSX Transportation’s release of its fourth quarter earnings Tuesday sent a warning to the Class I industry.
11 Jan 2016
Shippers, lawmakers and other railroads are already petitioning federal regulators to reject the proposed tie-up of Canadian Pacific Railway and Norfolk Southern Railway even though the former has yet to file any legal notice with U.S. rail regulators.
28 Dec 2015
West Virginia has always been coal country, but a new intermodal terminal in the state’s western corner could help change that, riding on a crest of rising intermodal and declining carload volume.
23 Dec 2015
Canadian Pacific Railway got a lump of coal in its stocking days before Christmas after Norfolk Southern Railway said Wednesday it had rejected a third buyout bid.
22 Dec 2015
U.S. and Canadian rail regulators will be getting an earful from shippers on either side of the border if a proposed Canadian Pacific and Norfolk Southern railway merger goes through.
21 Dec 2015
Canadian Pacific Railway said its acquisition of Norfolk Southern Railway would improve fluidity through Chicago, but doubts remain whether a tie would do much to free up bottlenecks at the top U.S. freight hub — even if the deal gives CP control of a key belt railroad in the area.
18 Dec 2015
Canadian Pacific Railway’s increasingly aggressive attempt to acquire Norfolk Southern Railway will have a regulatory smoother ride in Canada than in the U.S. — if NS shareholders jump on board with the plan.
17 Dec 2015
Canadian Pacific Railway’s attempt to takeover Norfolk Southern Railway has already raised alarm with a group of Illinois lawmakers and prompted a pointed response from the Canadian railroad.