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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
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
Jennifer F. Scanlon
James A. Squires
John R. Thompson

Senior Officers

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

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

John M. Scheib
Executive Vice President Law and Administration and Chief Legal Officer

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 19,467
Track miles operated 35,657
Locomotives owned and leased 4,155
Freight cars owned and leased 62,706

2017 Principal Operating Revenue Sources

Intermodal 23%
Coal, coke, and iron ore  17%
Chemicals 16%
Agriculture, fertilizer, consumer products, and government 15%
Metals and construction 13%
Automotive   9%
Paper, clay, and forest products   7%

2017 Traffic Highlights

Rail revenue ton miles 201 billion
Rail shipments (including trailers and containers) 7.612 million units

2017 Industrial Developments

New industries on NS lines 54
Expansions of existing industries 21
Total investment by industries $1.1 billion
Jobs created in NS service area 2,000

2017 AVERAGE NUMBER OF EMPLOYEES 27,110

2017 Financial Highlights (in millions except per share amounts and operating ratio)

Financial Results

Railway operating revenues $10,551
Income from railway operations¹ $3,435
Railway operating ratio¹ 67.4%
Net income¹ $1,922
Earnings per share-diluted¹ $ 6.61

¹ See 2017 Annual Report for information on how the Tax Cuts and Jobs Act of 2017 affected Norfolk Southern’s 2017 financial statements.

Financial Position (in millions, except per share amount)

Total assets $35,711
Total debt $9,836
Stockholders’ equity $16,359
Debt to total capitalization ratio 37.5%
Stockholders’ equity per share $57.57

Other Information

Year-end stock price $144.60
Dividends per share $2.44
Price/earnings ratio at year end 21.9
Number of shareholders at year end 25,737
Shares outstanding at year end 284,200,000