Welcome to our dedicated page for Norfolk Southern news (Ticker: NSC), a resource for investors and traders seeking the latest updates and insights on Norfolk Southern stock.
Norfolk Southern Corporation (NYSE: NSC) operates one of North America's most extensive rail networks, serving critical supply chains across 22 eastern states. This dedicated news hub provides investors and industry stakeholders with direct access to official company announcements, operational updates, and strategic developments.
Our curated collection of NSC news ensures timely access to essential updates including quarterly earnings reports, infrastructure investment plans, safety program enhancements, and regulatory filings. Track key operational metrics, leadership changes, and sustainability initiatives through verified press releases and third-party analysis.
The repository features updates across core business areas: freight volume trends, intermodal network expansions, technology implementations, and capital allocation strategies. Users can monitor developments in coal transportation policies, automotive supply chain solutions, and cross-border logistics partnerships.
Bookmark this page for streamlined access to NSC's evolving market position within the transportation sector. Combine these verified updates with financial filings and industry analysis for comprehensive investment research.
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Norfolk Southern Corporation's President and CEO, Alan H. Shaw, is set to present at the Citi 2024 Global Industrial Tech and Mobility Conference on February 21, 2024. The presentation will be available via webcast on the company's Investors page.
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Norfolk Southern Corporation (NSC) joins a pilot program with unions and the FRA to enhance safety through confidential reporting. The program aims to improve safety by allowing employees to report concerns anonymously, with a joint committee working on implementing safety enhancements.
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Norfolk Southern Corporation's (NYSE: NSC) Engineering team completed $1 billion in infrastructure improvement projects in 2023, including safety infrastructure, tracks, bridges, and public crossings. The company invested in 108 hot box detectors, 17 acoustic bearing detectors, 218 CTC to ITCM towers, and 2 Digital Train Inspection portals. Additionally, 619 track miles of rail work were completed, 2.1 million replacement cross ties installed, 1,745 miles of track surfaced, 523 panel turnouts, and 14 crossing diamonds installed. 40 bridges were replaced, 32,743 bridge ties installed, and 40,398 bridge, culvert, and tunnel inspections completed. 110 grade crossing warning systems were added. The company's extensive infrastructure work supports its commitment to delivering safe, reliable, and resilient service. The Norfolk Southern network spans 19,500 route miles across 22 states, serving more than half of the U.S. population and much of the nation's manufacturing base.
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Norfolk Southern Corporation (NYSE: NSC) has announced a joint participation in an FRA Confidential Close Call Reporting System (C3RS) pilot program with labor organizations and the Federal Railroad Administration (FRA) to enhance railroad safety. The one-year pilot program aims to collect currently unreported unsafe practices, behaviors, or situations, identify and implement corrective actions, and share general trends and statistics to enhance railroad safety. The program will provide covered employees with a confidential platform to report safety concerns without fear of discipline.
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Norfolk Southern Corporation (NYSE: NSC) announced its fourth quarter and full-year 2023 financial results, reporting a decline in railway operating revenues and income from railway operations compared to the previous year. The fourth quarter results include a charge associated with an incident in Eastern Ohio, impacting diluted earnings per share. Despite the challenges, the company's President and CEO expressed confidence in their ability to drive further productivity gains and deliver industry-competitive margins in 2024.
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Norfolk Southern Corporation (NSC) declared a quarterly dividend of $1.35 per share on its common stock, payable on February 20, 2024. This marks the 166th consecutive quarter that the company has paid dividends since its formation in 1982.
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Norfolk Southern Corporation (NYSE: NSC) donated $18.2 million across its 22-state network in 2023, double the contributions made in the prior year, benefitting communities, first responders, and safety initiatives. The company's Corporate Giving program focuses on fostering safe and sustainable operations, developing local workforces, and building strong, thriving communities. Key highlights of Norfolk Southern's 2023 Corporate Giving include total donations exceeding $18 million, introduction of new grant programs, and the launch of a new internal giving program called the Thoroughbred Giving Portal.
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Norfolk Southern Corporation (NYSE: NSC) will hold its Fourth Quarter 2023 Earnings Conference Call on January 26, 2024, at 8:45 a.m. ET. The company will release its quarterly earnings results in advance of the call, with a press release posted on its Investors page. Participants can join via teleconference or live webcast, with an audio replay available afterward. Investors can also subscribe to Investor Alerts for electronic notification of earnings events and more.
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Norfolk Southern Corporation (NSC) partnered with 62 customers to complete strategic industrial development projects in 2023, representing $3.1 billion in investment and the creation of more than 4,150 new jobs. The company facilitated growth in the electric vehicle industry, metals and construction, agriculture, and more, with significant investments from companies like Scout Motors, General Motors, Samsung SDI, Albemarle, Ford, Anchor Ingredients, Pure Cycle, Idaho Forest Group, International Paper, Church & Dwight, Jasper Forest Products, Hollingshead Cement, and Home Depot. Norfolk Southern also made strategic real estate investments and public-private partnerships, creating a world-class maritime operations and logistics center in Norfolk, Virginia, and developing breakbulk infrastructure along the Savannah River in Georgia. The company added 41 new rail-served industrial development sites, now featured on its customizable search database, NSites.
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Norfolk Southern Corporation (NSC) released its Climate Transition Plan (CTP) aimed at reducing greenhouse gas emissions with a focus on transitioning to a low-carbon economy. The plan includes a science-based target of reducing GHG emissions intensity by 42% by 2034, innovative technologies to improve locomotive fleet fuel economy, and increased consumption of low carbon fuels and renewable energy usage. The company's Chief Sustainability Officer emphasized the commitment to reducing environmental impact and recognizing the role of greenhouse gas emissions in global climate change. The CTP is based on a maturity assessment following the CDP technical guidance on Climate Transition Plans and the Assessing Low-Carbon Transition (ACT) guidance, responding to the evolving regulatory and market landscape surrounding climate change. Norfolk Southern's CTP identifies three significant key performance indicators as decarbonization levers to inform its transition strategy: fuel efficiency improvement target, renewable energy usage target, and biofuels consumption target.
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Norfolk Southern
NYSE:NSC
NSC Rankings
NSC Stock Data
49.74B
225.30M
0.07%
78.97%
1.16%
Railroads
Railroads, Line-haul Operating
United States
ATLANTA