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ATLANTA, Nov. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced the appointment of Joseph H. Carpenter IV as Vice President Law. Carpenter brings more than 22 years of experience in the rail industry, with expertise in managing complex litigation and driving strategic legal initiatives.
Reporting to Senior Vice President and Chief Legal Officer Jason Morris, Carpenter will lead the company's law department, guiding legal efforts, advancing regulatory initiatives, and supporting Norfolk Southern's long-term strategy.
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is uniting a diverse group of industry leaders and stakeholders to form its Customer Advisory Board. The new initiative aims to deepen the company's engagement with key voices from the industries it serves and leverage their invaluable insights to further enhance its customer experience.
The railroad will incorporate strategic guidance and feedback on its operations and customer service practices as part of Norfolk Southern's commitment to continuously refine its approach to best meet the evolving needs and expectations of its clients.
Project marks first time blockchain technology has been applied to a mass timber project
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), today announced it would provide timber for the construction of a Department of Forestry and Environmental Conservation building project at Clemson University. The majority of the wood used for the state-of-the-art building will be longleaf pine harvested from the Brosnan Forest, a 14,400-acre timber and wildlife preserve near Charleston, S.C.
Tentative agreement comes in advance of the next collective bargaining round, delivering significant future enhancements to pay, health care, and vacation.
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW). The most recent agreement pushes the coverage of the union workforce under early tentative deals to approximately 67%.
Productivity initiatives drive further margin improvement
On track to meet adjusted operating ratio targets for second half and full year 2024
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday its third quarter 2024 financial results. For the quarter, income from railway operations was $1.6 billion, the operating ratio was 47.7%, and diluted earnings per share were $4.85.
ATLANTA, Oct. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock.
The dividend is payable Nov. 20, 2024, to shareholders of record on Nov. 1, 2024.
The company has paid a dividend on its common stock for 169 consecutive quarters since its formation in 1982.
About Norfolk SouthernSince 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.
Total 2024 contributions to Red Cross reach $775K for disaster recovery efforts
ATLANTA, Oct. 10, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has contributed an additional $400,000 to the American Red Cross to aid its large-scale relief efforts following Hurricane Helene and Hurricane Milton. This donation brings the company's total disaster recovery support to $775,000 in 2024. In addition, Norfolk Southern's Employee Disaster Relief Program is offering grants to employees affected by Hurricane Milton and Hurricane Helene to cover disaster-related expenses and losses.
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. ET on Tuesday, October 22, 2024. Quarterly earnings results will be released in advance of the call and a press release will be posted on the Investors page of the company's website.
What:
Norfolk Southern Third Quarter 2024 Earnings Conference Call
When:
October 22, 2024, at 8:45 a.m. ET
How to Participate:
Teleconference: 1-800-836-8184 (Dial in several minutes prior to call start.)
Live webcast: Via Webcast (Link is also available in the Investors section of the company's website)
Replay:
Following the live broadcast, a replay will be available via web link in the Investors section of the company's website.
Supports multi-state relief effort underway for Hurricane Helene
ATLANTA, Sept. 30, 2024 /PRNewswire/ -- Norfolk Southern Corp. (NYSE: NSC) has donated $100,000 to the American Red Cross to support the organization's massive, multi-state relief efforts for Hurricane Helene. In addition, the company's Employee Disaster Relief Program is providing impacted employees with grants for qualified disaster-related losses and expenses.
ATLANTA, Sept. 26, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has named Brian Barr as Vice President and Chief Mechanical Officer. In this role, Barr will lead mechanical operations across the company's 22-state network, reporting to Chief Operating Officer John Orr.
Barr joins Norfolk Southern from Union Pacific where he held the positions of General Manager Great Lakes Services and Senior Vice President Transportation. Barr started his career as a craft dispatcher in 1998 working at Conrail and, later, CSX. During his 26-year career, Barr has held leadership roles of increasing responsibility with multiple Class I railroads, including Chief Mechanical Officer and Senior Vice President Engineering and Mechanical while at CSX.