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You may request a printed copy of this Annual Report by sending us your mailing address by email
or by calling 1-800-531-6757.
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Table of contents
Chairman's letter to stockholders
The larger NS rail network
7,200 more route miles open up new markets
to NS' precision service.
Making two safety processes one
The new safety process will draw the best
from Conrail and NS.
Combining computer systems
The roll-out of combined systems is a 'go'
for computer operations on the new NS.
Adding Conrail people to NS team
NS recruits Conrail talent to build a team
ready for growth.
Larger system, new opportunities
The larger NS system will enhance service
and expand market reach for customers.
Financial overview
Net income for 1998 was $734 million, or
$1.93 per diluted share.
Eleven-year financial review
Adobe Acrobat file, 142K
Management's discussion and analysis
Adobe Acrobat file, 227K
Consolidated financial statements
Adobe Acrobat file, 118K
Notes to consolidated financial statements
Adobe Acrobat file, 188K
Report of management / Report of independent auditors
Adobe Acrobat file, 173K
Management committee and officers
| Description of business Norfolk Southern Corporation is a Virginia-based holding company that owns all the common stock of and controls a major freight railroad, Norfolk Southern Railway Company; and a natural resources company, Pocahontas Land Corporation. Norfolk Southern Corporation also owns a 58% economic interest in Conrail, the major freight railroad in the Northeast. The railroad system's lines currently extend over approximately 14,400 miles of road in 20 states, primarily in the Southeast and Midwest, and the Province of Ontario, Canada. After June 1, 1999, when the railroad begins operating a portion of Conrail's lines, the system will extend over approximately 21,600 miles of road in 22 states; the Province of Ontario, Canada; and the District of Columbia. Pocahontas Land Corporation manages more than 1.2 million acres of coal, natural gas, and timber resources in Alabama, Illinois, Kentucky, Tennessee, Virginia, and West Virginia. |
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