NYSE:NSC
Norfolk Southern is the owner of a major freight railroad, Norfolk Southern Railway Company. It is one of the nation’s premier transportation companies. The company engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, Midwest and the U.S. It also has access to several Atlantic and Gulf Coast ports. As one of the most extensive intermodal network operators in the East, the railroad runs nearly 19,500 route miles in 22 states and the District of Columbia. Norfolk Southern is a major transporter of industrial products, including chemicals, agriculture, and metals and construction materials. Total merchandise products account for nearly 60% of revenues, followed by intermodal (25%) and coal (15%). It caters to manufacturing plants, electric generating facilities, mines, distribution centers, transload facilities, and other businesses located in its service area. The company is known for its superior and reliable service product. A large base of U.S. consumers, primarily in the manufacturing and energy sectors, a robust and comprehensive merchandise portfolio, and diversified and balanced coal franchise are Norfolk’s major competitive strengths.