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Norfolk Southern Corporate Profile

Description of Business
Board of Directors
Senior Officers
Facilities Served
Major Rail Classification Yards
Locomotive Shops
Other Major Installations
Plant and Equipment
2010 Principal Operating Revenue Sources
2010 Traffic Highlights
2010 Industrial Developments
Employment - average number in 2010
2010 Financial Highlights

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 and industrial products.

Board of Directors

Gerald L. Baliles
Thomas D. Bell Jr.
Erskine B. Bowles
Daniel A. Carp
Gene R. Carter
Alston D. Correll
Landon Hilliard
Karen N. Horn
Burton M. Joyce
Steven F. Leer
Michael D. Lockhart
Charles W. Moorman
J. Paul Reason

Senior Officers

Charles W. Moorman - chairman, president and chief executive officer
Deborah H. Butler - executive vice president planning and chief information officer
James A. Hixon - executive vice president law and corporate relations
Mark D. Manion - executive vice president operations and chief operating officer
John P. Rathbone - executive vice president administration
Donald W. Seale - executive vice president and chief marketing officer
James A. Squires - executive vice president and chief financial officer

Facilities Served

General warehouses/distribution centers

382

Active coal-loading facilities

159

Bulk transfer facilities

117

Power generation plants served

86

Paper mills

78

Steel mills and processing facilities

75

Metals distribution centers

64

Lumber reload centers

58

Intermodal terminals

51

Paper distribution centers

34

Auto distribution facilities

33

Coal and iron ore transload facilities

28

Auto assembly plants

25

Triple Crown Service terminals

13

Vehicle service centers

4

Just-in-time rail auto parts center

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; 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.
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, Northern, and Western Regions’ operations offices
National Customer Service Center
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

20,183

Track miles operated

36,349

Locomotives owned and leased

4,163

Freight car owned and leased

87,414

2010 Principal Operating Revenue Sources

Coal, coke, and iron ore

28%

 Intermodal

19%

Agriculture, fertilizer, and consumer products

14%

Chemicals

14%

Metals and construction

11%

Automotive

7%

Paper, clay and forest products

7%

2010 Traffic Highlights

Rail revenue ton miles

195 billion

Rail shipments (including trailers and containers)

5,957 million

2010 Industrial Developments

New industries of NS line

67

Expansions of existing industries

28

Total investment by industries

$2.5 billion

Jobs created by NS service area

2,000

Employment - as of 12/31/10

28,792

2010 Financial Highlights

(in millions except per share amounts and operating ratio)

Financial Results

Railway operating revenues

$9,516

Income from railway operations

$2,676

Railway operating ratio

71.9%

Net income

$1,496

Earnings per share-diluted

$ 4.00

Financial Position

Total assets

$28,199

Total debt

$7,025

Stockholders’ equity

$10,669

Debt to total capitalization ratio

39.7%

Stockholders’ equity per share

$29.85

Other Information

Year-end stock price

$52.42

Dividends per share

  $1.40

Price/earnings ratio at year end

  13.1

Numbers of shareholders at year end 

35,416

Shares outstanding at year end 

357,4000,000