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 Southern as Senior Vice President Transportation and Network Operations. Reporting to Livingston will be Rodney Moor ...

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 digital officer, reporting to President and CEO Alan Shaw. Norfolk Southern's focus on technology has advanced safety and ...

Significant capacity improvements will enhance critical rail corridor, open additional opportunities for statewide business and economic growth ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in se ...

NSC stock has seen little change, moving from levels of $240 in early January 2021 to around $250 now, vs. an increase of about 45% for the S&P 500 over this period. However, the increase in NSC stock has been far from consistent. Returns for the stock were 27% in 2021, -16% in 2022, and -2% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 24% in 2023 — indicating that NSC underperformed the S&P in 2023. Norfolk Southern's revenue of $3.04 billion in Q2 was up 2% y-o- ...

Alabama: 8 Florida: 1 Georgia: 19 Illinois: 7 Indiana: 5 Kentucky: 3 Louisiana: 1 Michigan: 2 Virginia: 9 Company's Thoroughbred Scholars Program has awarded over $1.4M since 2022 ATLANTA, July 29, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced the return of its Thoroughbred Scholars program, providing college scholarships to more than 100 children of Norfolk Southern employees. The program awards 100 scholarships for up to $10,000 over four years, along with three additional schola ...

Notably, the second quarter witnessed the impact of the Eastern Ohio incident, which included insurance recoveries that were greater than the costs incurred in the quarter. Liquidity & Buyback NSC did not repurchase any shares under its stock repurchase program in the second quarter of 2024. JBHT's total operating revenues of $2.93 billionmissed the Zacks Consensus Estimate of $3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 6% year over year.The dow ...

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Norfolk Southern Corporation (NYSE:NSC) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants Luke Nichols - Senior Director, IR Alan Shaw - President and CEO Mark George - EVP and CFO Ed Elkins - CMO John Orr - COO Conference Call Participants Tom Wadewitz - UBS Scott Group - Wolfe Research Ken Hoexter - Bank of America Jeff Kauffman - Vertical Research Partners Chris Wetherbee - Wells Fargo Brian Ossenbeck - JPMorgan Jon Chappell - Evercore ISI Brandon Oglenski - Barclays Ravi Sha ...

View all Key Company Metrics for Norfolk Southern here>>> Shares of Norfolk Southern have returned +4.2% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. The reported revenue compares to the Zacks Consensus Estimate of $3.02 billion, representing a surprise of +0.72%. The company delivered an EPS surprise of +7.37%, with the consensus EPS estimate being $2.85. Whil ...

Norfolk Southern (NSC) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.95 per share a year ago. These figures are adjusted for non-recurring items. Norfolk Southern, which belongs to the Zacks Transportation - Rail industry, posted revenues of $3.04 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $2.98 billion. The company has topped c ...