Norfolk Southern Stock News

Norfolk Southern's Q2 was mostly positive in my opinion, with the firm expanding operating income thanks to efficiency improvements at the railroad. The firm's ability to deliver real cost-savings and efficiency improvements in Q2 increases the credibility of their long-term target of an operating ratio below 60%. My base-case valuation suggests shares are fairly valued at present time, which, ...

ATLANTA , Aug. 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer.

Norfolk Southern said on Friday it is closing all intermodal facility ingates to Canadian National Railway with immediate effect, following an embargo imposed by the Canadian railroad on all of its intermodal shipments.

Norfolk Southern is a freight railroad company operating in the eastern USA, shipping merchandise, intermodal units, and coal. The company faced a significant financial impact in 2023 due to a train derailment incident in Eastern Ohio, resulting in decreased net income. Norfolk Southern has a strong economic moat due to factors such as limited competition, barriers to land acquisition, and mono...

Railroads in the US boomed in the 19th century but faced competition from automobiles and airlines, leading to mergers and consolidation in the industry. There are 5 Class I publicly traded railroads left today, each with high returns on equity, low debt, growing dividends, and ample return on capital. All are compound growers. The railroad business is a natural monopoly due to high capital cos...

Tim Livingston joins as Senior Vice President Transportation as COO John Orr establishes operations leadership team ATLANTA , Aug. 7, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has appointed three industry veterans with precision scheduled railroading (PSR) experience to lead its Transportation team, reporting to Chief Operating Officer John Orr. Tim Livingston joins Norfolk...

ATLANTA , Aug. 6, 2024 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) is elevating the power of technology and innovation to drive its transformative, balanced strategy as it brings onboard Anil Bhatt, a technology leader recognized for pioneering cutting-edge solutions to advance and shape the direction of enterprises. Bhatt will serve as executive vice president and chief information and digita...

ATLANTA , Aug. 6, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and the American Train Dispatchers Association (ATDA), in partnership with the Federal Railroad Administration (FRA), announced Tuesday their joint participation in the FRA's Confidential Close Call Reporting System (C3RS). This pilot program is designed to enhance communication and transparency to help improve rail...