Norfolk Southern Corp. (#NSC) Stock Price, Live Chart & Analysis | Trade #NSC

The Norfolk Southern Corporation participates in the rail transportation of raw materials, finished goods, and intermediate products in the United States. It transports a wide range of goods, including agriculture, forest, chemicals, metals, construction materials, and consumer products. The corporation supplies overseas freight, offers commuter rail passenger transportation services, and manages an intermodal network.

The company’s largest subsidiary, the Norfolk Southern Railway Company, operates in 22 states and the District of Columbia, managing major container ports in the eastern United States and connecting other rail carriers efficiently. The company is headquartered in Atlanta, Georgia, USA.

Charters South Carolina Canal and Rail Road are predecessors of Norfolk Southern Corp. In 1982, Norfolk merged with Southern and Western railways. As a result, Norfolk Southern Corporation appeared. The same year the corporation listed its shares on the New York Stock Exchange under the NSC ticker.

In 1990, the corporation was awarded a gold medal for employee safety for the year 1989. Since then, the company has won 23 consecutive awards.

In 1994, Norfolk Southern’s income exceeded $1 billion for the first time. Today, its earnings growth has been above the US railroad industry average and the US market average over recent years. However, the company’s revenue has been much lower than the averages of the US railroads industry and the US market as a whole. Since the beginning of 2021, the company has been improving its efficiency at generating profits on the base of its assets, equity, and capital employed. The stock price depends on the company’s financial data.

According to statistics, the corporation has a negative net impact ratio. Norfolk Southern uses resources or negatively influences categories such as GHG emissions, non-GHG emissions, and scarce human capital. However, the corporation plans to create a fully operational Crescent Corridor that is supposed to remove 1.3 million long-haul trucks from interstates and 1.9 million tons of carbon dioxide emissions annually by 2030.