Revenue segments as reported by the company.

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Intermodal

Coal

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Purchased services and rent

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Norfolk Southern

Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers to and from the rest of the United States. The company transports overseas freight through several Atlantic and Gulf Coast ports. It offers an extensive intermodal network in the eastern half of the United States and is a transporter of coal, automotive, and industrial products. The company's services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. Norfolk Southern was founded on July 23, 1980, and is headquartered in Atlanta, GA.

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Norfolk Southern posts robust Q4 results amidst operational enhancements

Norfolk Southern (NSC) delivered strong financial results in Q4 2022, focusing on operational efficiency, service enhancements, and strategic growth initiatives.
Despite challenges such as macroeconomic uncertainties and service-related costs, NSC remains optimistic, aiming to capitalize on opportunities in market share expansion and network resiliency.
The company's performance, strengths, and proactive approach to challenges position it well for continued growth and competitiveness in the rail industry.

Norfolk Southern prioritizes safety and resilience amidst operational challenges

Norfolk Southern is prioritizing safety enhancements, cost-effective measures, and workforce optimization to improve service quality. The company's strategy focuses on resilient service, supporting highway to rail conversions, and investing in employee training. Despite challenges, Norfolk Southern remains committed to competitive margins, revenue growth, EPS, and ROIC.

Norfolk Southern reports Q2 revenue decline, focuses on recovery

Norfolk Southern (NSC) faced revenue declines and operational challenges in Q2 2023, impacted by the Eastern Ohio derailment and market headwinds.
Despite challenges, the company remains committed to safety, recovery, and long-term value creation, focusing on efficiency and service excellence.
Opportunities for OR improvement, cost management, and service enhancements provide a path for Norfolk Southern (NSC) to navigate challenges and drive future growth.

Norfolk Southern (NSC) reports Q3 improvements amidst cost pressures

Norfolk Southern (NSC) navigated challenges in Q3 with a focus on resilience and operational excellence. Despite cost pressures, the company saw improvements in service, volume, and safety performance. With a strategic focus on industry competitive margins and growth opportunities, Norfolk Southern is investing in service enhancements and productivity to drive future success.

Norfolk Southern (NSC) reports safety improvements and growth strategies

Norfolk Southern (NSC) navigated challenges in 2023 with a focus on safety, service improvements, and sustainable growth strategies. Despite cost impacts and margin challenges, the company remains optimistic about modest volume growth and revenue enhancement opportunities in 2024.

Norfolk Southern prioritizes productivity and efficiency for industry competitiveness

Norfolk Southern (NSC) focused on productivity and efficiency to achieve industry competitive margins in Q1 2024.
Operational changes led by new COO John Orr emphasized safety, productivity, and network optimization efforts.
Challenges in revenue declines and market outlook were addressed, with opportunities for growth through operational enhancements.
Confidence in achieving operational targets and reducing headcount through productivity initiatives was expressed.
Balanced strategy focusing on service, productivity, and growth to drive transformational journey.
Customer service improvements and changes underway were well-received, with a focus on velocity and reliability.

Norfolk Southern reports solid Q2 earnings amidst coal market challenges

Norfolk Southern's Q2 2024 performance showcased financial strength, operational improvements, and a focus on safety and productivity. While facing challenges in the coal market, the company remains committed to its strategy and delivering results. Opportunities for growth through partnerships and operational enhancements position Norfolk Southern for long-term success.

Norfolk Southern reports robust Q3 earnings amidst market challenges

Norfolk Southern (NSC) delivered strong financial results with revenue and earnings growth, driven by volume increases and cost management initiatives.
The company's emphasis on safety, productivity, and cost reductions underscores its commitment to operational excellence and sustainable growth.
While facing challenges from market uncertainties and external impacts, Norfolk Southern remains focused on enhancing operational efficiency and seizing growth opportunities.

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Norfolk Southern Corp. is a transportation company, which engages in the rail transportation of raw materials, intermediate products, and finished goods. The company also transports overseas freight through several Atlantic and Gulf Coast ports. Its services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. The company was founded on July 23, 1980 and is headquartered in Atlanta, GA.

Egan-Jones is the latest proxy advisory firm to step into the board battle between activist investor Ancora Holdings Group and railroad operator Norfolk Southern Corp.

In Norfolk Southern board battle, proxy adviser Egan-Jones throws weight behind activist Ancora

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter from James Barber, Jr., who is one the seven unaffiliated and qualified candidates the firm is seeking to elect to the Company's 13-member Board of Directors (the “Board”) at the Annual Meeting of Shareholders (the “Annual Meeting”) o.

Jim Barber, Former UPS COO and Member of Ancora's Slate, Sends Letter to Norfolk Southern Shareholders Ahead of May 9th Annual Meeting

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that all three independent proxy advisory firms – Institutional Shareholder Services Inc. (“ISS”), Glass, Lewis & Co. (“Glass Lewis”), and Egan-Jones Ratings Company (“Egan-Jones”) – have now recommended that Norfolk Southern shareholders vote.

All Three Leading Independent Proxy Advisory Firms Recommend Norfolk Southern Shareholders Vote “FOR” Significant Boardroom Change on the BLUE Proxy Card

INDEPENDENCE, Ohio--(BUSINESS WIRE)--The three Brotherhood of Locomotive Engineers and Trainmen (“BLET”) General Chairmen (Scott Bunten, Dewayne Dehart, and Jerry Sturdivant), who are affiliated with the International Brotherhood of Teamsters and represent members at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern”), issued the following statement: “Norfolk Southern CEO Alan Shaw is falsely accusing Ancora and two out of the three largest rail unions – the BLET and the BMWED, who co.

General Chairmen of the Brotherhood of Locomotive Engineers and Trainmen, Representing Members at Norfolk Southern, Address CEO Alan Shaw's “Unfounded and Desperate” Attacks on Labor Discussions

ESG-focused investors and unions should back Norfolk Southern activist Ancora and its CEO pick Jim Barber, ISS said on Thursday.

ISS says unions and pension funds should back Norfolk Southern activist investor

NOVI, Mich.--(BUSINESS WIRE)--The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED Teamsters” or “BMWED-IBT”) today reiterated its support for Ancora Holdings Group, LLC's (“Ancora”) efforts to elect seven director candidates and install Jim Barber at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”). Tony Cardwell, President of BMWED-IBT, commented: “The wellbeing of our membership is often dependent upon com.

The BMWED Teamsters Reiterates Support for Jim Barber at Norfolk Southern

Norfolk Southern Corp. touted the company's progress and took aim at activist investor Ancora Holdings Group in a letter sent to shareholders Wednesday.

Norfolk Southern touts progress and slams activist Ancora's ‘reckless' plan in board battle

Significant momentum underway in key operational metrics including train speed, terminal dwell, Intermodal on-time service and Merchandise velocity Strong management and board oversight in place to meet company objectives Norfolk Southern urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , May 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Wednesday sent a letter to shareholders in connection with its Annual Meeting of Shareholders on May 9, 2024. In the letter the company highlighted: Norfolk Southern's balanced strategy is delivering superior long-term upside for shareholders.

Norfolk Southern highlights progress, long-term plan to drive shareholder value

Norfolk Southern's Q1 results were lacklustre due to the impact one-off costs and a lack of top-line growth had on net income. Nevertheless, much of Norfolk's revenue weakness is tied to a soft macroeconomic environment rather than inherent business weaknesses at the railroad. Norfolk still faces risk from market cyclicality, operational safety issues, and competition from other railroads and trucking.

Norfolk Southern: On Track For Long-Term Outperformance, But Shares Are Fairly Valued (Downgrade)

Influential proxy-advisory firm Institutional Shareholder Services has entered Norfolk Southern Corp.'s intensifying board battle with activist investor Ancora Holdings Group.

Proxy-advisory firm ISS steps into Norfolk Southern's board battle with activist Ancora

Norfolk Southern's CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad's leadership works to fend off a proxy fight from investors led by Ancora Holdings.

Norfolk Southern CEO Gets ISS's Backing in Proxy Fight

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that Norfolk Southern shareholders support meaningful boardroom change by voting for five of its seven director candidates (the “Shareh.

ISS Recommends Shareholders Support Significant Change At Norfolk Southern by Voting the Blue Proxy Card “FOR” Five of Ancora's Director Candidates

Endorses Alan Shaw's leadership and reflects support for company's strategy Recommendation against Jim Barber makes clear that management change is unwarranted Recommendation overlooks the significant expertise and valuable skill sets of nominees Amy Miles, Mary Kathryn "Heidi" Heitkamp, Thomas Kelleher, Jennifer Scanlon, and John Thompson Norfolk Southern urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , April 30, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Tuesday announced that Institutional Shareholder Services (ISS), a leading independent proxy advisory firm, has recommended shareholders support a majority of its director nominees, reflecting a clear endorsement of the company's management and strategy. This comes ahead of the company's Annual Meeting of Shareholders to be held on May 9, 2024: ISS's recommendation in favor of a majority of our director nominees underscores the strength and effectiveness of our board, and the ongoing and effective execution of the company's strategy.

ISS recommends for majority of Norfolk Southern board nominees

ISS recommended that shareholders support five of Ancora's seven nominees and seven Norfolk Southern nominees.

ISS endorses most of Ancora nominees for Norfolk Southern board

The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers.

Activist investors trying to take control of Norfolk Southern pick up key support

The war of words in the board battle between Norfolk Southern Corp. and Ancora Holdings Group intensified Monday after the activist investor clinched the support of the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters.

War of words over Norfolk Southern's board battle intensifies as railroad slams activist Ancora's labor negotiation

Norfolk Southern leaders were dealt a heavy blow in their proxy fight with activist investor Ancora Holdings after proxy advisory firm Glass Lewis endorsed six of Ancora's seven proposed board nominees.

Glass Lewis Backs 6 Activist Nominees for Norfolk Southern's Board

Clearly demonstrates Ancora's nominees are NOT independent and are beholden ONLY to Ancora, not all shareholders Ancora is in violation of the Railway Labor Act, attempting to undermine the company's bargaining process ATLANTA , April 29, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Monday issued the following statement after being made aware that Ancora Holdings LLC (Ancora) has, without any authority or authorization, negotiated and signed a memorandum of understanding with The Brotherhood of Locomotive Engineers and Trainmen (BLET), a division of the International Brotherhood of Teamsters. This unauthorized agreement purports to offer specific concessions by Norfolk Southern to the BLET in exchange for the BLET's support of Ancora's attempt to gain control of the company's board.

Norfolk Southern: Ancora makes unauthorized, value-destructive commitments on behalf of Norfolk Southern to buy votes

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that Glass, Lewis & Co. ("Glass Lewis"), a leading independent proxy advisory firm, recommends the Company's shareholders vote to elect six dissident nominees on the BLUE Proxy Card at the upcoming Annual Meeting of Shareholders (“Annual Meetin.

Glass Lewis Recommends Norfolk Southern's Shareholders Vote the Blue Proxy Card “For” Six of Ancora's Director Candidates, Including Proposed CEO Jim Barber

Norfolk Southern shareholders should vote for activist Ancora's nominees, proxy advisor firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.

Glass Lewis endorses 6 of activist Ancora's nominees for Norfolk Southern board

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its seven candidates (the “Shareholder Slate”) for election to the Company's 13-member Board of Directors (the “Board”) have received support from the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood o.

Ancora's Proposed Directors and Management for Norfolk Southern Win Support from the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters

INDEPENDENCE, Ohio--(BUSINESS WIRE)--The Brotherhood of Locomotive Engineers and Trainmen (“BLET”), an affiliate of the Rail Division of the International Brotherhood of Teamsters, announced today that it has determined, after careful review and new developments since the proxy battle began, that a change in leadership at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern”) is necessary and in the best interest of both BLET members and the railroad's long-term success. “BLET's three el.

The Brotherhood of Locomotive Engineers and Trainmen, an Affiliate of the International Brotherhood of Teamsters, Calls for New Leadership at Norfolk Southern

The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.

Activist Ancora endorsed by second Norfolk Southern union in proxy contest

ATLANTA , April 25, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat with Tom Wadewitz of UBS. During the conversation, Orr will discuss the operational enhancements underway at Norfolk Southern that are safely increasing productivity and enhancing service.

Norfolk Southern COO to participate in operations-focused UBS fireside chat

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its seven candidates (the “Shareholder Slate”) for election to the Company's 13-member Board of Directors (the “Board”) have received support from the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Tea.

Ancora Receives Support from the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters For A Change in Leadership at Norfolk Southern

News for Norfolk Southern Stock (NSC)