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Norfolk Southern Corporation
GICS: 20304010 · Sektor: Industrials · Sub-Sektor: Railroads
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Norfolk Southern Corporation
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US6558441084
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Mo., 18.11.2024       Norfolk Southern

ATLANTA, Nov. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Marketing Officer Ed Elkins and Executive Vice President and Chief Financial Officer Jason Zampi will participate in a fireside chat at the Stephens Annual Investment Conference. Details on joining to listen to the discussion follow below. 

What: Stephens Annual Investment ConferenceWhen: Wednesday, Nov. 20, 2024 at 11 a.m. CTWhere: Via Webcast

Do., 14.11.2024       Norfolk Southern

ATLANTA, Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora") after constructive engagement. Under the terms of the agreement, Norfolk Southern and Ancora will work together to identify an independent director to join the Company's Board of Directors (the "Board"). The addition of the new director, who is expected to enhance the Board's gender diversity and executive leadership experience, will expand Norfolk Southern's Board to 14 members, including 13 independent members.

Mo., 04.11.2024       Norfolk Southern

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.

Do., 24.10.2024       Norfolk Southern

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.

Do., 24.10.2024       Norfolk Southern

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.

Di., 22.10.2024       Norfolk Southern

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%.

Di., 22.10.2024       Norfolk Southern

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. 

Fr., 18.10.2024       Norfolk Southern

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.

Do., 10.10.2024       Norfolk Southern

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.

Di., 01.10.2024       Norfolk Southern

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.

Mo., 30.09.2024       Norfolk Southern

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.

Do., 26.09.2024       Norfolk Southern

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.

Di., 24.09.2024       Norfolk Southern

Jason A. Zampi appointed Chief Financial Officer and Treasurer

Jason M. Morris appointed Chief Legal Officer and Corporate Secretary

ATLANTA, Sept. 24, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has named Jason A. Zampi as Executive Vice President, Chief Financial Officer and Treasurer, and has named Jason M. Morris as Senior Vice President, Chief Legal Officer and Corporate Secretary, effective immediately.  

As CFO and Treasurer, Zampi will oversee the company's financial departments as well as Strategic Planning. He has more than 28 years of finance and accounting expertise, including 13 years with Norfolk Southern where he has advanced through key roles in forecasting, budgeting, and corporate accounting. With an expert understanding of the company's business operations and a strong background in cost management, Zampi has been an integral part of the Norfolk Southern finance function, providing critical support for the business partners and actionable analysis to guide strategic planning. Prior to joining Norfolk Southern, Zampi was a senior manager with KPMG LLP. He is a certified public accountant and holds a Bachelor of Science in Accounting degree from Pennsylvania State University.

Do., 12.09.2024       Norfolk Southern

Board Terminates Alan H. Shaw as President and Chief Executive Officer Due to Violations of Company Policies

Nabanita Nag Terminated as Chief Legal Officer

Company Reaffirms Full-Year 2024 Guidance

ATLANTA, Sept. 11, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that the Norfolk Southern Board of Directors has by unanimous vote of the independent directors appointed Mark R. George, the company's Executive Vice President and Chief Financial Officer, as President and Chief Executive Officer, effective immediately. George will also join the Norfolk Southern Board.

Mo., 09.09.2024       Norfolk Southern

ATLANTA, Sept. 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) acknowledges that its Board of Directors has opened an investigation into allegations of potential conduct by CEO Alan Shaw that is inconsistent with the company's Code of Ethics and company policy.

Norfolk Southern holds all its team members to the highest standards. In line with the company's Code of Conduct and company policy, allegations of misconduct are thoroughly investigated. The code also includes resources for employees to anonymously report concerns, including through the Ethics & Compliance Hotline.

Fr., 06.09.2024       Norfolk Southern

ATLANTA, Sept. 6, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan H. Shaw, Executive Vice President and Chief Financial Officer Mark George, and Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference. Details on the presentation follow below. 

Mi., 04.09.2024       Norfolk Southern

Early agreements now cover nearly 65% of company's union workforce

ATLANTA, Sept. 4, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached a tentative agreement with its final general committee of the International Association of Sheet Metal, Air, Rail and Transportation Workers - Transportation Division (SMART-TD). SMART-TD is the company's largest labor union, representing train conductors across the company's 22-state network. The latest agreement ensures coverage for all Norfolk Southern conductors and brings the total union workforce covered by early tentative agreements to nearly 65%.

Fr., 30.08.2024       Norfolk Southern

Early agreements made with nine unions over the past two weeks cover approximately 55% of railroad's total union workforce

ATLANTA, Aug. 30, 2024 /PRNewswire/ -- Ahead of the Labor Day holiday, which celebrates the achievements of American workers, Norfolk Southern Corporation (NYSE: NSC) is proud to announce it has reached tentative, five-year collective bargaining agreements with five labor unions in addition to the four announced last week. These nine agreements, which, together, cover approximately 55% of the company's unionized workforce, come four months before the opening of the next collective bargaining round, underscoring Norfolk Southern's commitment to provide prompt, meaningful enhancements to pay, health care, and time off for its dedicated craft railroaders.

Fr., 23.08.2024       Norfolk Southern

Agreements come months before next collective bargaining round, giving covered employees early assurances on significant future improvements to pay, health care, and vacation

ATLANTA, Aug. 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), in partnership with BNSF Railway, has reached tentative, five-year collective bargaining agreements with the Brotherhood of Railway Carmen Division/TCU (BRC), the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical Department (SMART-MD), and the Transportation Communications Union/IAM (TCU). Norfolk Southern also has reached tentative agreements with multiple General Committees for the International Association of Sheet Metal, Air, Rail and Transportation Workers - Transportation Division (SMART-TD).

Di., 20.08.2024       Norfolk Southern

ATLANTA, Aug. 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer.

In the new role, Zampi will maintain responsibility for financial planning and analysis. He also will assume responsibility for treasury and investor relations from Chris Ceraso, current Vice President & Treasurer, who is electing to leave the company to pursue another opportunity. Zampi will continue to report to Executive Vice President & Chief Financial Officer Mark George.

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