Norfolk Southern

Business, Logistics

Norfolk Southern Posts Record Q2 Results

Norfolk Southern train Norfolk Southern

Norfolk Southern Corp. on July 27 posted record second-quarter financial results that beat the expectations of Wall Street analysts.

Dan Ronan | Senior Reporter
July 28, 2022
Business, Logistics

Norfolk Southern Posts Record Results for Q4, Full Year

Norfolk Southern train Norfolk Southern posted increases along all seven business lines in the fourth quarter. (Norfolk Southern Corp.)

Norfolk Southern Corp. reported record fourth-quarter and full-year net income from railway operations and operating ratio when the Class I railroad released its results Jan. 26.

Dan Ronan | Senior Reporter
January 27, 2022
Government, Business, Safety, Logistics, TCA

‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure

‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure An Alabama road construction sign. (Alabama DOT)

The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.”

Lawrence Specker | Alabama Media Group
January 6, 2022
Business, Equipment, Logistics

U.S. Steel, Norfolk Southern and Greenbrier Partner on New Steel Railcar

railcar Gondola rendering. (Greenbrier/PR Newswire)

United States Steel Corp., Norfolk Southern Corp. and The Greenbrier Cos. collaborated to create a new high-strength railcar, the companies announced Dec. 9.

December 9, 2021
Business, Logistics

Alan Shaw to Succeed Jim Squires as Norfolk Southern CEO

Alan Shaw, James Squires Alan Shaw (left) and James Squires by Norfolk Southern Corp./PR Newswire

Norfolk Southern Corp. on Dec. 3 announced a CEO succession plan, with current leader Jim Squires retiring and longtime company executive Alan Shaw stepping up to lead the Class I railroad.

Dan Ronan | Senior Reporter
December 6, 2021
Business, Logistics

Norfolk Southern Reports Record Q3 Results

Norfolk Southern Norfolk Southern Corp.

Atlanta-based Class I railroad Norfolk Southern reported record third-quarter results on Oct. 27, exceeding Wall Street’s expectations, even as railroad officials said freight growth is being hampered by supply chain disruptions at seaports, intermodal facilities and in trucking.

Dan Ronan | Senior Reporter
October 28, 2021
Business, Logistics

Norfolk Southern Reports Decline in Q4 Earnings

Norfolk Southern train Norfolk Southern

Norfolk Southern Corp. saw its fourth-quarter revenue fall by 4% as freight volume fell in most of the commodities it moves.

Dan Ronan | Senior Reporter
January 28, 2021
Business, Logistics

Norfolk Southern Q3 Net Income Down; Revenue From Coal Shipments Plummets

Norfolk Southern train Revenue declined in all but one of the sectors in which Norfolk Southern moves freight: automotive, which rose 9% to $270 million. (Norfolk Southern Corp.)

Norfolk Southern Corp. carried 7% less freight in the third quarter, but the Class I railroad still beat Wall Street expectations when it reported third-quarter earnings Oct. 28.

Dan Ronan | Senior Reporter
October 28, 2020
Business

Norfolk Southern Sees Lower Q2 Earnings Due to Pandemic

Norfolk Southern Norfolk Southern

Norfolk Southern beat Wall Street’s expectations when the Class I railroad reported second-quarter earnings July 29.

Dan Ronan | Senior Reporter
July 29, 2020
Business, Logistics

Norfolk Southern’s Net Income, Revenue Decline

Norfolk Southern train Norfolk Southern

Norfolk Southern Corp. followed the trend of Class 1 railroads reporting record operating ratios, but net income and revenue dropped in the third quarter.

Dan Ronan | Senior Reporter
October 23, 2019

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