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Met commitments for second-half and full-year 2024 operating ratio
Productivity initiatives drive results with additional opportunity in 2025
ATLANTA, Jan. 29, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its fourth quarter and full-year 2024 financial results. For the quarter, revenue was $3.0 billion, income from railway operations was $1.1 billion, operating ratio was 62.6%, and diluted earnings per share were $3.23. For full-year 2024, revenue was $12.1 billion, income from railway operations was $4.1 billion, operating ratio was 66.4%, and diluted earnings per share were $11.57.
ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock.
The dividend is payable Feb. 20, 2025, to shareholders of record on Feb. 7, 2025.
The company has paid a dividend on its common stock for 170 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 22-state 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 approximately 7 million carloads annually, from agriculture to consumer goods. 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.
ATLANTA, Jan. 27, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has appointed Lori J. Ryerkerk, former chairman, chief executive officer, and president of Celanese Corp., to the Board of Directors (the "Board"). Ryerkerk brings more than three decades of global leadership experience in the energy, manufacturing, and chemical industries. Her appointment expands the Board to 14 members.
ATLANTA, Jan. 2, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its fourth quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, Jan. 29, 2025. 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 Fourth Quarter 2024 Earnings Conference Call
When:
January 29, 2025, 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.
PC Bryant appointed Vice President Human Resources
ATLANTA, Dec. 9, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has named Ann A. Adams as Chief Human Resources Officer, with responsibility for human resources and labor relations, reporting to CEO Mark George. In addition, PC Bryant has been named Vice President Human Resources, reporting to Adams.
Adams joined Norfolk Southern in 2001 as a Manager in Human Resources. From there, she progressed through roles of increasing responsibility that gave her experience across the business, including her role as Chief Transformation Officer, which combined HR, Labor Relations, Corporate Communications, IT, and Sustainability. Earlier this year, the company decided to separate these divisions and Adams assumed an advisory role to help with the transition as the company conducted comprehensive searches to fill new leadership roles, including CHRO.
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
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.
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.