Norfolk Southern 2014
Annual Report highlights record year driven by people, equipment, and
infrastructure ‘behind every train’
NORFOLK, Va.,
March 25, 2015 – Norfolk Southern Corporation today posted its
2014 Annual Report online,
highlighting record-setting net income, revenues, operating income, earnings per
share, and operating ratio. The annual report, titled, “Behind Every Train,”
includes a letter from CEO Wick Moorman that focuses on the people, equipment,
and infrastructure supporting the company’s financial and operational
achievements.
“2014 was an outstanding year for Norfolk Southern,” Moorman
said. “Our performance during the year demonstrated the increasing demand for
our services, the growing value of freight rail transportation in the
marketplace, and Norfolk Southern’s progress in enhancing service to meet the
needs of customers and create long-term value for shareholders.”
Moorman said, “As business began to rise dramatically
following the difficult winter, we invested significant resources to align our
people, equipment, and rail capacity with the volumes we were experiencing on
the network.” The company hired 1,344 train and engine employees during 2014 and
placed into service 169 locomotives. “We also initiated several infrastructure
projects in the Chicago and upper Midwest areas to add capacity and operating
flexibility,” Moorman said.
“We remain committed to our proven strategy of operating an
efficient, high-velocity railroad, which enables us to offer the best possible
customer service and retain and grow business at rates that provide a superior
return for our shareholders,” Moorman said.
To request a copy of the 2014 Annual Report, call
800-531-6757, email annualreport@nscorp.com, or write to
Norfolk Southern Corp., Corporate Communications Department, Three Commercial
Place, Norfolk, Va. 23510-9217.
About
Norfolk Southern
Norfolk Southern
Corporation
(NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk
Southern Railway Company 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, automotive, and industrial
products.
Media
Inquiries:
Rick Harris, 404-529-2310 (rick.harris@nscorp.com)
Investor Inquiries:
Katie Cook, 757-629-2861 (InvestorRelations@nscorp.com)