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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 20,000 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
Robert A. Bradway
Wesley G. Bush
Daniel A. Carp
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 Administration and Chief Information Officer

James A. Hixon
Executive Vice President Law and Corporate Relations

Michael J. Wheeler
Executive Vice President and Chief Operating Officer

Alan H. Shaw
Executive Vice President and Chief Marketing Officer

Marta R. Stewart
Executive Vice President Finance and Chief Financial Officer

Facilities Served

General warehouses/distribution centers 402
Active coal-loading facilities 159
Bulk transfer facilities 116
Power generation plants served 100
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 32
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 19,962
Track miles operated 36,221
Locomotives owned and leased 4,353
Freight cars owned and leased 76,641

2015 Principal Operating Revenue Sources

Intermodal 23%
Coal, coke, and iron ore 17%
Chemicals  17%
Agriculture, fertilizer, consumer products, and government 15%
Metals and construction 12%
Automotive 9%
Paper, clay, and forest products 7%

2015 Traffic Highlights

Rail revenue ton miles 200 billion
Rail shipments (including trailers and containers) 7.479 million units

2015 Industrial Developments

New industries on NS lines 61
Expansions of existing industries 32
Total investment by industries $4.2 billion
Jobs created in NS service area 6,200

Employment - as of 12/31/15 29,458

2015 Financial Highlights (in millions except per share amounts and operating ratio)

Financial Results

Railway operating revenues $10,511
Income from railway operations $2,884
Railway operating ratio 72.6%
Net income $1,556
Earnings per share-diluted $ 5.10

Financial Position (in millions, except per share amount)

Total assets $34,260
Total debt $10,093
Stockholders’ equity $12,188
Debt to total capitalization ratio 45.3%
Stockholders’ equity per share $40.93

Other Information

Year-end stock price $84.59
Dividends per share $2.36
Price/earnings ratio at year end 16.5
Number of shareholders at year end 28,443
Shares outstanding at year end 297,800,000