• Total T&E expense per GTM improved 8% • Restructured Merchandise operating plan • Crew starts reduced by 110/day • ~250k annual handlings removed • Overtime reduced ~20% • ~7,000 cars moved offline, byproduct of car velocity gains • Improve fuel efficiency through operating and distribution enhancements A BETTER WAY 7 VELOCITY DRIVING MERCHANDISE GAINS • Car velocity +16% Capturing growth and providing enhanced service on a more efficient train plan 36 out of 37 consecutive quarters of y-o-y RPU (less fue ...

| --- | --- | --- | --- | |---------------------------------|---------------------------------|-----------|-----------------------| | | June 30, \n2024 \n($ in | millions) | December 31, \n2023 | | Assets | | | | | Current assets: | | | | | Cash and cash equivalents | $ 659 | $ | 1,568 | | Accounts receivable – net | 1,189 | | 1,147 | | Materials and supplies | 308 | | 264 | | Other current assets | 148 | | 292 | | Total current assets | 2,304 | | 3,271 | | --- | --- | --- | --- | --- | |------------------- ...

The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024. About Norfolk Southern SOURCE Norfolk Southern Corporation ATLANTA, July 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982. Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely mov ...

Norfolk Southern Corporation (NSC) is scheduled to report second-quarter 2024 results on Jul 25 after market close. Let's see how things have shaped up for NSC this earnings season. The Zacks Consensus Estimate for revenues is pegged at $3.05 billion, which indicates a 2.43% rise from the year-ago reported level. The top line is likely to have been affected by the performances of all three key segments — Merchandise, Intermodal and Coal. The recent negotiations with various labor groups are likely to have p ...

Norfolk Southern (NSC) is bolstered by its shareholder-friendly approach. The company's efforts to reduce greenhouse gas emissions are praiseworthy. However, Norfolk Southern is grappling with a surge in operating expenses. NSC's "Forging a Better Tomorrow" initiative, outlined in its inaugural Climate Transition Plan, aims for a 42% reduction in greenhouse gas emission intensity by 2034. Key performance indicators include improving locomotive fuel efficiency by 13% by 2027, increasing renewable energy usag ...

"At Norfolk Southern, we are dedicated to leaving the planet better than we found it, each customer and community well-served, and each employee experience enriched," said Norfolk Southern President and CEO Alan H. Shaw. "Our investments in safety, our people, and sustainability are not only fundamental to our values but are also aligned to our strategy of driving innovation, operational excellence, and sustainable growth, ensuring long-term value for all stakeholders." Fuel Efficiency: improving locomotive ...

NTSB Chair visits Norfolk Southern headquarters to discuss company's progress on safety initiatives During her visit today, Chair Jennifer Homendy met with senior leadership to discuss Norfolk Southern's progress in implementing safety initiatives aligned to the NTSB report. She addressed more than 80 operational leaders during the railroad's Safety Summit, a three-day seminar bringing together labor leaders and field supervisors to enhance the company's safety culture. She also toured Norfolk Southern's Ne ...

Most of my articles are about "big picture" developments. I'm not only doing this to use them as a foundation for stock picks but also because I believe that discussing major developments is sometimes more important than discussing individual stock picks. I also want to provide value for people who may not like my stock picks to have info for their own stock selection. Some big-picture developments we have frequently discussed are (some more than others): The energy bull case. Artificial intelligence. A top ...

If you are a long-term NSC shareholder and have questions about your legal rights in connection with our investigation, please contact us at the following link to discuss your options at no charge: MONSEY, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP has renewed its investigation into whether the officers and directors of Norfolk Southern Corporation (NYSE: NSC) ("NSC") breached their fiduciary duties under Delaware law in connection with the fiery train derailment in East Pal ...

Vent and burn recommendation based on several factors indicating strong possibility of catastrophic, uncontrolled explosion threatening health and safety of the community and first responders ATLANTA, June 25, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) issued the following statement regarding the findings of the National Transportation Safety Board (NTSB) on the derailment in East Palestine, Ohio: Among the NTSB recommendations specific to Norfolk Southern, we have taken action to enable ...