NORFOLK SOUTHERN CORP

Norfolk Southern Corporation operates a major freight railroad network through its rail subsidiary, Norfolk Southern Railway Company. The company provides rail transport services for raw materials, intermediate items, and finished goods across three core business segments: merchandise, intermodal, and coal. Its merchandise operations move agriculture, consumer goods, forest products, chemicals, metals, construction supplies, and automotive vehicles. Its intermodal segment transports freight containers and trailers, while its coal operations support utility, industrial, and metallurgical markets. Norfolk Southern serves diverse customers, including manufacturing plants, electric generating facilities, mining operations, distribution centers, intermodal marketing firms, ocean shipping carriers, and the military.

Headquartered in Atlanta, Georgia, the enterprise manages a vast railway system operating approximately 19,100 route miles across 22 states and the District of Columbia. Its rail network predominantly spans the East, Southeast, and Midwest, connecting to the broader United States via rail interchange and reaching international trade routes through Atlantic and Gulf Coast ports.

Summary of the business section of Norfolk Southern's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.