Norfolk Southern donates $100K to Red Cross, activates Employee Disaster Relief Program

Rhea-AI Summary

Norfolk Southern Corp. (NYSE: NSC) has donated $100,000 to the American Red Cross to support relief efforts for Hurricane Helene. The company has also activated its Employee Disaster Relief Program to provide grants for disaster-related losses and expenses to affected employees. Norfolk Southern, an official Disaster Responder partner, annually donates $250,000 to the Red Cross through the Annual Disaster Giving Program (ADGP). The company is encouraging employee donations with a two-to-one match and will continue hosting blood drives. CEO Mark R. George emphasized the company's commitment to supporting employees, customers, and communities, including efforts to restore impacted rail routes.

Positive

• Donation of $100,000 to American Red Cross for Hurricane Helene relief efforts
• Activation of Employee Disaster Relief Program for affected employees
• Annual $250,000 donation to Red Cross through ADGP
• Two-to-one match for employee donations to Red Cross

Negative

• None.

Supports multi-state relief effort underway for Hurricane Helene

ATLANTA, Sept. 30, 2024 /PRNewswire/ -- Norfolk Southern Corp. (NYSE: NSC) has donated $100,000 to the American Red Cross to support the organization's massive, multi-state relief efforts for Hurricane Helene. In addition, the company's Employee Disaster Relief Program is providing impacted employees with grants for qualified disaster-related losses and expenses.

"Our thoughts are with everyone navigating the aftermath of Helene, and our actions are in support of our employees, customers, and the communities where we all live and work," said Norfolk Southern President and CEO Mark R. George. "We are committed to supporting the American Red Cross in delivering immediate relief and long-term recovery. Our Employee Disaster Relief Program will provide financial aid directly to Norfolk Southern railroaders who have been affected. And we are working hard to get all impacted routes back online so we can provide access to those communities."

Norfolk Southern has supported Red Cross relief efforts for nearly two decades and is an official Disaster Responder partner. Each year, the company makes a donation of $250,000 to the Red Cross through the Annual Disaster Giving Program (ADGP), and this additional $100,000 contribution reinforces that commitment during this time of intense need.

The company is also encouraging its employees to contribute, matching donations two-to-one, and will continue to host blood drives in support of the overall Red Cross mission throughout the year.

About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.

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SOURCE Norfolk Southern Corporation

FAQ

How much did Norfolk Southern (NSC) donate for Hurricane Helene relief?

Norfolk Southern (NSC) donated $100,000 to the American Red Cross for Hurricane Helene relief efforts.

What is Norfolk Southern's (NSC) Employee Disaster Relief Program?

Norfolk Southern's Employee Disaster Relief Program provides grants to impacted employees for qualified disaster-related losses and expenses.

How is Norfolk Southern (NSC) encouraging employee donations for Hurricane Helene relief?

Norfolk Southern (NSC) is matching employee donations to the Red Cross two-to-one for Hurricane Helene relief efforts.

What is Norfolk Southern's (NSC) annual contribution to the Red Cross?

Norfolk Southern (NSC) annually donates $250,000 to the Red Cross through the Annual Disaster Giving Program (ADGP).