Profile: Norfolk Southern Corp (NSC)
20 Jan 2017
Norfolk Southern Corporation, incorporated on August 24, 2009, is a holding company engaged in the rail transportation business. The Company operates approximately 20,000 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest, and through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. The Company provides logistics services and offers the intermodal network in the eastern half of the United States. The Company's system reaches various manufacturing plants, electric generating facilities, mines, distribution centers and other businesses located in its service area.
The Company's coal franchise supports the electric generation market, serving approximately 80 coal generation plants, as well as the export, metallurgical and industrial markets, primarily through direct rail and river, lake and coastal facilities, including various terminals on the Ohio River, Lambert's Point in Norfolk and Virginia. The Company's general merchandise market group consists of approximately five commodity groupings, such as chemicals, which include sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals and chemical wastes; agriculture, consumer products and government, which include soybeans, wheat, corn, fertilizer, livestock and poultry feed, food oils, flour, beverages, canned goods, sweeteners, consumer products, ethanol, transportation equipment, and various items for the United States military; metals and construction, which include steel, aluminum products, machinery, scrap metals, cement, aggregates, sand and minerals; automotive, which include finished vehicles, and paper, clay and forest products, which include lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper and clay.
The Company's intermodal market group consists of shipments moving in trailers, domestic and international containers, and RoadRailer equipment. These shipments are handled on behalf of intermodal marketing companies, international steamship lines, truckers and other shippers. The Company's passenger operations in Amtrak operate scheduled passenger trains on its lines between various locations, which include Alexandria and Lynchburg, Virginia; Alexandria, Virginia and New Orleans, Louisiana; Alexandria and Orange, Virginia; Petersburg and Norfolk, Virginia; Raleigh and Charlotte, North Carolina; Selma and Charlotte, North Carolina; Chicago, Illinois, and Porter, Indiana; Chicago, Illinois, and Cleveland, Ohio; Chicago, Illinois, and Pittsburgh, Pennsylvania, and Pittsburgh and Harrisburg, Pennsylvania. The Company operates freight services over lines with Amtrak and commuter passenger operations, and conducts freight operations over track-age owned or leased by Amtrak, New Jersey Transit, Southeastern Pennsylvania Transportation Authority, Metro-North Commuter Railroad Company, Maryland Department of Transportation and Michigan Department of Transportation. The Company's non-carrier subsidiaries are primarily engaged in the acquisition, leasing, and management of coal, oil, gas and minerals; the development of commercial real estate; telecommunications, and the leasing or sale of rail property and equipment.
The Company competes with CSX Corporation.
Norfolk Southern Corp
3 Commercial Pl
NORFOLK VA 23510-2108
Company Web Links
- UPDATE 1-Union Pacific CEO: 'we are opposed to' major railroad mergers
- BRIEF-Mitchell Daniels and Marcela Donadio elected to Norfolk Southern board
- Norfolk Southern profit lifted by cost cutting, beats estimates
- UPDATE 2-Norfolk Southern profit lifted by cost cutting, beats estimates
- Norfolk Southern 3rd-qtr profit rises on cost cutting