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Norfolk Southern Corporate ProfileDescription of BusinessNorfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in
22 states and the District of Columbia, serves every major container port in the eastern United States, and provides superior connections to western rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is North America’s largest rail carrier of metals and automotive products. Board of DirectorsGerald L. Baliles Senior OfficersCharles W. Moorman Mark D. Manion Deborah H. Butler James A. Hixon John P. Rathbone Donald W. Seale James A. Squires Facilities Served
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| General warehouses/distribution centers | 286 |
| Active coal-loading facilities | 134 |
| Bulk transfer facilities | 131 |
| Power generation plants served | 101 |
| Paper mills | 80 |
| Steel mills and processing facilities | 75 |
| Metals distribution centers | 64 |
| Lumber reload centers | 58 |
| Intermodal terminals | 48 |
| Paper distribution centers | 34 |
| Auto distribution facilities | 31 |
| Coal and iron ore transload facilities | 29 |
| Auto assembly plants | 24 |
| Triple Crown Service terminals | 14 |
| Vehicle mixing centers | 4 |
| Just-in-time rail auto parts centers | 3 |
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, La.; 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.
Elkhart, Ind.
Enola, Pa.
Fort Wayne, Ind.
Harrisburg, Pa.
Kansas City, Mo.
Knoxville, Tenn.
Linwood, N.C.
Louisville, Ky.
Macon, Ga.
Norfolk, Va.
Roanoke, Va.
Savannah, Ga.
Sheffield, Ala.
St. Louis, Mo.
Toledo, Ohio
Locomotive Shops
Altoona, Pa.
Bellevue, Ohio
Chattanooga, Tenn.
Conway, Pa.
Enola, Pa.
Roanoke, Va.
Other Major Installations
Atlanta, Ga.
Agency Operations Center
Centralized Yard Operations
Crew Management Center
Eastern and Western Regions’ Operations Offices
National Customer Service Center
Northern Region Operations Office
Police Communications Center (800) 453-2530
Conway, Pa.
Engineer Training Center
McDonough, Ga.
Training Center
Norfolk, Va.
Lamberts Point Coal Transload Facility
Plant and Equipment
| Miles of road operated | 20,832 |
| Track miles operated | 37,427 |
| Locomotives owned and leased | 3,976 |
| Freight cars owned and leased | 94,660 |
2008 Principal Operating Revenue Sources
(Percent of total railway operating revenue)
| Coal, coke, and iron ore | 29% |
| Intermodal | 19% |
| Agriculture, fertilizer, and consumer products | 12% |
| Chemicals | 12% |
| Metals and construction | 12% |
| Automotive | 8% |
| Paper, clay and forest products | 8% |
2008 Traffic Highlights
| Rail revenue ton miles | 195 billion |
| Rail shipments (including trailers and containers) | 7,349 million |
2008 Industrial Developments
($ in billions)
| New industries on NS lines | 80 |
| Expansions of existing industries | 35 |
| Total investment by industries | $2.2 |
| Jobs created in NS service area | 3,623 |
Employment – average number in 2008
30,709
2008 Financial Highlights
($ in billions, except per-share amounts)
Financial Results
| Railway operating revenues | $10.7 |
| Income from railway operations | $3.1 |
| Railway operating ratio | 71.1% |
| Net income | $1.7 |
| Earnings per share-diluted | $ 4.52 |
Financial Position
| Total assets | $26,297 |
| Total debt | $6,667 |
| Stockholders’ equity | $9,607 |
| Debt to total capitalization ratio | 41% |
| Stockholders’ equity per share | $26.23 |
Other Information
| Year-end stock price | $47.05 |
| Dividends per share | $1.22 |
| Price/earnings ratio at year end | 10.41 |
| Numbers of shareholders at year end | 36,955 |
| Shares outstanding at year end | 366,233,106 |