Norfolk Southern Stock Price, News & Analysis

Norfolk Southern Corporation (NYSE: NSC) has launched a next-generation carbon calculator aimed at helping customers measure and manage carbon emissions in their supply chain. This advanced tool improves the accuracy of emissions estimates by analyzing real data from over 7 million shipments. The calculator considers various factors like weight, distance, and fuel consumption, allowing users to see impact metrics such as estimated emissions and environmental savings. With 25% of clients targeting emission reductions, this innovation reinforces Norfolk Southern's commitment to sustainability in freight transport.

Norfolk Southern Corporation (NYSE: NSC) will present at the J.P. Morgan 2022 Industrials Conference on March 16, 2022, at 10:30 a.m. Eastern Time. Company President Alan H. Shaw and Executive VP Ed Elkins will lead the presentation, which can be accessed via webcast. The event will be available on the company’s website under the Investors section after the presentation. Norfolk Southern is a leading transportation company in the U.S., servicing 22 states and connecting customers to economic opportunities across the eastern United States.

On February 22, 2022, Norfolk Southern Corporation (NYSE: NSC) President Alan H. Shaw and CFO Mark R. George will present at Citi's 2022 Global Industrial Tech and Mobility Conference. The event starts at 10:30 a.m. ET and will be accessible via webcast. Interested participants can join through the provided link and find the presentation materials on Norfolk Southern's Investors page. Norfolk Southern is a leading transportation company, providing crucial shipping services across 22 states and the District of Columbia, contributing significantly to the U.S. economy.

On February 17, 2022, Norfolk Southern Corporation (NYSE: NSC) announced its initiative to attract new conductor trainees by offering starting bonuses of up to $5,000 in priority locations. These locations include cities such as Binghamton and Cincinnati. Conductors can expect a guaranteed minimum annual pay of $52,000, increasing to approximately $63,500 over four years. Promotion to locomotive engineers offers a starting pay of around $94,000. Additional incentives include comprehensive healthcare benefits and a structured training program lasting 10-13 weeks.

Norfolk Southern Corporation (NYSE: NSC) has appointed Paul B. Duncan as Vice President of Network Planning and Operations, effective March 2022. He succeeds John Friedmann, who is retiring after 27 years with the company. Duncan will oversee a newly combined organization aimed at enhancing service, productivity, and growth by aligning network planning with operations. His prior role at BNSF Railway involved service design and performance, giving him extensive experience to lead Norfolk Southern's new operating plan, TOP|SPG.

Norfolk Southern Corporation (NYSE: NSC) announced key executive promotions on February 10, 2022. Michael McClellan is appointed Senior Vice President & Chief Strategy Officer, effective February 16, 2022. Nabanita Nag becomes Senior Vice President & Chief Legal Officer, and Clay Moore is appointed Vice President & Controller, both effective March 1, 2022. McClellan, recognized for his significant contributions to the rail industry, will lead strategic initiatives including public-private partnerships. Nag and Moore bring extensive experience, enhancing the company's executive team.

Norfolk Southern Corporation (NYSE: NSC) has installed five new diesel-electric hybrid overhead gantry cranes at its intermodal terminals in Chicago and Atlanta. These cranes are designed to improve fuel efficiency and reduce emissions. Initially introduced in 2021, the hybrid technology decreases fuel use during freight movement. The company estimates that converting its remaining traditional cranes could save around 30 million gallons of fuel and reduce emissions by over 300,000 metric tons over 20 years. Recently recognized with a climate change Leadership rating, Norfolk Southern continues to advance its sustainability efforts.

Norfolk Southern Corporation (NYSE: NSC) announced the appointment of Amy E. Miles as the new non-executive chair of its Board of Directors, effective May 1, 2022. Miles, a Board member since 2014, will succeed James A. Squires, who is retiring but will remain a Board director. Alan H. Shaw, currently the president, will become CEO and join the Board. The Board will expand from 13 to 14 members. Steven F. Leer praised Miles's leadership and financial expertise, emphasizing the Board's strength in diversity to drive shareholder returns.