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Corporate Profile

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Description of Business

Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

Board of Directors

Thomas D. Bell Jr
Erskine B. Bowles
Wesley G. Bush
Daniel A. Carp
Mitchell E. Daniels Jr.
Marcela E. Donadio
Steven F. Leer
Michael D. Lockhart
Amy E. Miles
Martin H. Nesbitt
James A. Squires
John R. Thompson

Senior Officers

James A. Squires
Chairman, President, and Chief Executive Officer

Cindy C. Earhart
Executive Vice President Financial and Chief Financial Officer

William A. Galanko
Senior Vice President Law and Corporate Communications

Alan H. Shaw
Executive Vice President and Chief Marketing Officer

Michael J. Wheeler
Executive Vice President and Chief Operating Officer

Facilities Served

General warehouses/distribution centers 402
Active coal-loading facilities 116
Bulk transfer facilities 116
Power generation plants served 78
Paper mills 66
Steel mills and processing facilities 57
Metals distribution centers 64
Lumber reload centers 58
Panel mills 16
Lumber mills 33
Intermodal terminals 53
Paper distribution centers 34
Auto distribution facilities 26
Coal and iron ore transload facilities 35
Auto assembly plants 27
Triple Crown Service terminals 2
Vehicle service centers 4
Just-in-time rail auto parts center 3
Thoroughbred bulk transfer facilities 32

Norfolk Southern serves every major port on the East Coast between New York City and Jacksonville, Fla., and multiple private terminals; the Gulf ports of Mobile, Ala., New Orleans and St. Bernard; Great Lakes ports; and numerous river ports.

Major Rail Classification Yards

Allentown, Pa.
Atlanta, Ga.
Baltimore, Md.
Bellevue, Ohio
Birmingham, Ala.
Buffalo, N.Y.
Chattanooga, Tenn.
Chicago, Ill.
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
Conway, Pa.
Decatur, Ill.
Detroit, Mich.
Enola, Pa.
Elkhart, Ind.
Fort Wayne, Ind.
Harrisburg, Pa.
Kansas City. Mo.
Knoxville, Tenn.
Linwood, N.C.
Louisville, Ky.
Macon, Ga.
New Orleans, La.
Norfolk, Va.
Sheffield, Ala.
St. Louis, Mo.
Toledo, Ohio

Locomotive Shops

Juniata, Altoona, Pa.
Bellevue, Ohio
Chattanooga, Tenn.
Conway, Pa.
Enola, Pa.
Roanoke, Va.
Elkhart, Ind.
Shaffers Crossing, Roanoke, Va.

Other Major Installations

Atlanta, Ga.
Operations and Service Support Center
Crew Management Center
Northern and Southern Regions’ operations offices
National Customer Service Center
Police Communications Center (800) 453-2530

McDonough, Ga.
Norfolk Southern Training Center

Norfolk, Va.
Lamberts Point coal transload facility

Plant and Equipment

Miles of road operated 19,469
Track miles operated 35,615
Locomotives owned and leased 4,268
Freight cars owned and leased 69,283

2016 Principal Operating Revenue Sources

Intermodal 22%
Chemicals 17%
Agriculture, fertilizer, consumer products, and government 16%
Coal, coke, and iron ore  15%
Metals and construction 13%
Automotive 10%
Paper, clay, and forest products   7%

2016 Traffic Highlights

Rail revenue ton miles 191 billion
Rail shipments (including trailers and containers) 7.260 million units

2016 Industrial Developments

New industries on NS lines 58
Expansions of existing industries 13
Total investment by industries $4 billion
Jobs created in NS service area 3,000

2016 AVERAGE NUMBER OF EMPLOYEES 28,044

2016 Financial Highlights (in millions except per share amounts and operating ratio)

Financial Results

Railway operating revenues $9,888
Income from railway operations $3,074
Railway operating ratio 68.9%
Net income $1,668
Earnings per share-diluted $ 5.62

Financial Position (in millions, except per share amount)

Total assets $34,892
Total debt $10,212
Stockholders’ equity $12,409
Debt to total capitalization ratio 45.1%
Stockholders’ equity per share $42.73

Other Information

Year-end stock price $108.07
Dividends per share $2.36
Price/earnings ratio at year end 19.2
Number of shareholders at year end 27,288
Shares outstanding at year end 290,400,000