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Norfolk Southern COO to participate in operations-focused UBS fireside chat

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Norfolk Southern 's Executive Vice President and COO, John Orr, will participate in an operations-focused fireside chat with UBS to discuss operational enhancements that have led to significant improvements in productivity and service quality. The company's strategic focus on operational excellence aims to narrow the margin gap with peers and drive sustainable long-term growth.
Il Vicepresidente Esecutivo e COO di Norfolk Southern, John Orr, parteciperà a un colloquio informale incentrato sulle operazioni con UBS per discutere dei miglioramenti operativi che hanno portato a notevoli aumenti nella produttività e nella qualità del servizio. L'obiettivo strategico dell'azienda sull'eccellenza operativa mira a ridurre il divario di margine con i concorrenti e a promuovere una crescita sostenibile a lungo termine.
El Vicepresidente Ejecutivo y COO de Norfolk Southern, John Orr, participará en una charla informal centrada en operaciones con UBS para discutir las mejoras operativas que han conducido a mejoras significativas en la productividad y la calidad del servicio. El enfoque estratégico de la empresa en la excelencia operativa tiene como objetivo reducir la brecha de margen con sus pares y fomentar un crecimiento sostenible a largo plazo.
노퍽 서던의 부회장 겸 최고운영책임자(CEO)인 존 오르는 UBS와의 운영 중심 화론 회의에 참여하여 생산성 및 서비스 품질의 현저한 향상을 이끈 운영 개선 사항에 대해 논의할 예정입니다. 회사의 전략적 초점은 동종업계와의 마진 격차를 좁히고 지속 가능한 장기 성장을 추진하는 데 있습니다.
John Orr, Vice-président exécutif et COO de Norfolk Southern, participera à une discussion informelle centrée sur les opérations avec UBS pour discuter des améliorations opérationnelles qui ont conduit à des améliorations significatives en termes de productivité et de qualité de service. L'accent stratégique de l'entreprise sur l'excellence opérationnelle vise à réduire l'écart de marge avec les pairs et à favoriser une croissance durable à long terme.
John Orr, der Executive Vice President und COO von Norfolk Southern, wird an einem betriebsorientierten Kamingespräch mit UBS teilnehmen, um operative Verbesserungen zu diskutieren, die zu signifikanten Steigerungen in Produktivität und Dienstleistungsqualität geführt haben. Der strategische Fokus des Unternehmens auf operative Exzellenz zielt darauf ab, die Margenlücke zu Konkurrenten zu verringern und nachhaltiges langfristiges Wachstum zu fördern.
Positive
  • Improved Terminal Dwell by 8%
  • Improved Car Miles per Day by 8%
  • Decreased Recrew Rates by 22%
  • Strategic focus on operational excellence for sustainable growth
Negative
  • None.

ATLANTA, April 25, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat with Tom Wadewitz of UBS. During the conversation, Orr will discuss the operational enhancements underway at Norfolk Southern that are safely increasing productivity and enhancing service. Since joining Norfolk Southern, Orr and the Operations team have successfully:

  • Improved Terminal Dwell by 8%
  • Improved Car Miles per Day by 8%
  • Decreased Recrew Rates by 22%

Operational excellence is core to the company's balanced strategy that will help close the margin gap with peers and create sustainable, long-term growth. Details on the webcast follow below.

WHAT:           Executive Vice President and COO John Orr will participate in an operations-focused fireside chat with UBS 

WHEN:          Monday, April 29, 2024 at 11:00 a.m. ET 

WHERE:        Via Webcast

A replay of the fireside chat will be accessible through the Investors page of the company's website at http://www.norfolksouthern.com.

For more information, please visit VoteNorfolkSouthern.com. 

About Norfolk Southern
Since 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.

Important Additional Information and Where to Find It 
The Company has filed a definitive proxy statement (the "2024 Proxy Statement") on Schedule 14A and a WHITE proxy card with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of proxies for its 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). SHAREHOLDERS ARE STRONGLY ADVISED TO READ THE COMPANY'S 2024 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE WHITE PROXY CARD AND ANY OTHER DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders may obtain a free copy of the 2024 Proxy Statement, any amendments or supplements to the 2024 Proxy Statement and other documents that the Company files with the SEC from the SEC's website at www.sec.gov or the Company's website at https://norfolksouthern.investorroom.com as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Certain Information Regarding Participants in Solicitation
The Company, its directors and certain of its executive officers and employees may be deemed participants in the solicitation of proxies from shareholders in connection with the matters to be considered at the 2024 Annual Meeting. Information regarding the direct and indirect interests, by security holdings or otherwise, of the persons who may, under the rules of the SEC, be considered participants in the solicitation of shareholders in connection with the 2024 Annual Meeting is included in Norfolk Southern's 2024 Proxy Statement, filed with the SEC on March 20, 2024. To the extent holdings by our directors and executive officers of Norfolk Southern securities reported in the 2024 Proxy Statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change of Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are available free of charge as described above.

Cautionary Statement on Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance, including statements relating to our ability to satisfy the performance goals set under the 2024 annual incentive plan and to execute on our strategic plan and our 2024 Annual Meeting and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or our achievements or those of our industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "goals," "estimate," "opportunity," "targets," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as well as the Company's subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

 

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SOURCE Norfolk Southern Corporation

FAQ

What event will Norfolk Southern 's COO, John Orr, participate in with UBS?

Norfolk Southern 's COO, John Orr, will participate in an operations-focused fireside chat with UBS.

When will the fireside chat with John Orr take place?

The fireside chat with John Orr is scheduled for Monday, April 29, 2024, at 11:00 a.m. ET.

Where can a replay of the fireside chat be accessed?

A replay of the fireside chat will be accessible through the Investors page of Norfolk Southern 's website at http://www.norfolksouthern.com.

What improvements have been achieved by Norfolk Southern under John Orr's leadership?

Under John Orr's leadership, Norfolk Southern has improved Terminal Dwell by 8%, Car Miles per Day by 8%, and decreased Recrew Rates by 22%.

Norfolk Southern Corp.

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Railroads
Railroads, Line-haul Operating
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United States of America
ATLANTA