Profile: Norfolk Southern Corp (NSC.N)
16 Nov 2018
Norfolk Southern Corporation, incorporated on August 24, 2009, is a holding company engaged principally in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 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. It also transports overseas freight through several Atlantic and Gulf Coast ports. It offers an 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 merchandise market group consists of five commodity groupings, such as chemicals, including sulfur and related chemicals, petroleum products (including crude oil), chlorine and bleaching compounds, plastics, rubber, industrial chemicals and chemical wastes; agriculture, consumer products, and government, including soybeans, wheat, corn, fertilizer, livestock and poultry feed, food oils, flour, beverages, canned goods, sweeteners, consumer products, ethanol, transportation equipment and items for the United States military; metals and construction, including steel, aluminum products, machinery, scrap metals, cement, aggregates, sand and minerals; automotive, including finished vehicles for BMW, FCA, Ford, General Motors, Honda, Hyundai, Mercedes-Benz, Mitsubishi, Subaru, Toyota, and Volkswagen, and auto parts for BMW, FCA, Ford, General Motors, Honda, Hyundai, Mercedes-Benz, Nissan, Tesla and Toyota, and paper, clay and forest products, including lumber and wood products, pulp board and paper products, wood fibers, wood pulp and scrap paper. 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. As of December 31, 2016, the Company's coal franchise supported the electric generation market, serving approximately 78 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, Lamberts Point in Norfolk, Virginia, the Port of Baltimore and Lake Erie.
The Company's passenger operations in Amtrak, operate scheduled passenger trains on its lines between various locations, such as 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 engage principally in the leasing or sale of rail property and equipment; the development of commercial real estate; telecommunications, and the acquisition, leasing and management of coal, oil, gas and minerals.
The Company competes with CSX Corporation.
Norfolk Southern Corp
3 Commercial Pl
NORFOLK VA 23510-2108