ATLANTA, April 25,
2024 /PRNewswire/ -- Norfolk Southern Corporation
(NYSE: NSC) Executive Vice President and Chief Operating Officer
John Orr will participate in a
fireside chat with Tom Wadewitz of
UBS. During the conversation, Orr will discuss the operational
enhancements underway at Norfolk Southern that are safely
increasing productivity and enhancing service. Since joining
Norfolk Southern, Orr and the Operations team have
successfully:
- Improved Terminal Dwell by 8%
- Improved Car Miles per Day by 8%
- Decreased Recrew Rates by 22%
Operational excellence is core to the company's balanced
strategy that will help close the margin gap with peers and create
sustainable, long-term growth. Details on the webcast follow
below.
WHAT:
Executive Vice President and COO John
Orr will participate in an operations-focused fireside chat
with UBS
WHEN:
Monday, April 29, 2024 at 11:00 a.m.
ET
WHERE: Via
Webcast
A replay of the fireside chat will be accessible through the
Investors page of the company's website
at http://www.norfolksouthern.com.
For more information, please visit
VoteNorfolkSouthern.com.
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.
Important Additional Information and Where to Find
It
The Company has filed a definitive proxy statement
(the "2024 Proxy Statement") on Schedule 14A and a WHITE proxy card
with the Securities and Exchange Commission (the "SEC") in
connection with the solicitation of proxies for its 2024 Annual
Meeting of Shareholders (the "2024 Annual Meeting"). SHAREHOLDERS
ARE STRONGLY ADVISED TO READ THE COMPANY'S 2024 PROXY STATEMENT
(INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE WHITE PROXY
CARD AND ANY OTHER DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
Shareholders may obtain a free copy of the 2024 Proxy Statement,
any amendments or supplements to the 2024 Proxy Statement and other
documents that the Company files with the SEC from the SEC's
website at www.sec.gov or the Company's website
at https://norfolksouthern.investorroom.com as
soon as reasonably practicable after such materials are
electronically filed with, or furnished to, the SEC.
Certain Information Regarding Participants in
Solicitation
The Company, its directors and certain of its
executive officers and employees may be deemed participants in the
solicitation of proxies from shareholders in connection with the
matters to be considered at the 2024 Annual Meeting. Information
regarding the direct and indirect interests, by security holdings
or otherwise, of the persons who may, under the rules of the SEC,
be considered participants in the solicitation of shareholders in
connection with the 2024 Annual Meeting is included in Norfolk
Southern's 2024 Proxy Statement, filed with the SEC on March
20, 2024. To the extent holdings by our directors and executive
officers of Norfolk Southern securities reported in the 2024 Proxy
Statement for the 2024 Annual Meeting have changed, such changes
have been or will be reflected on Statements of Change of Ownership
on Forms 3, 4 or 5 filed with the SEC. These documents are
available free of charge as described above.
Cautionary Statement on Forward-Looking
Statements
Certain statements in this press release are
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995, as amended. These statements relate to future events or
our future financial performance, including statements relating to
our ability to satisfy the performance goals set under the 2024
annual incentive plan and to execute on our strategic plan and our
2024 Annual Meeting and involve known and unknown risks,
uncertainties, and other factors that may cause our actual results,
levels of activity, performance, or our achievements or those of
our industry to be materially different from those expressed or
implied by any forward-looking statements. In some cases,
forward-looking statements may be identified by the use of words
like "may," "will," "could," "would," "should," "expect," "plan,"
"anticipate," "intend," "believe," "goals," "estimate,"
"opportunity," "targets," "project," "consider," "predict,"
"potential," "feel," or other comparable terminology. The Company
has based these forward-looking statements on its current
expectations, assumptions, estimates, beliefs, and projections.
While the Company believes these expectations, assumptions,
estimates, and projections are reasonable, such forward-looking
statements are only predictions and involve known and unknown risks
and uncertainties, many of which involve factors or circumstances
that are beyond the Company's control. These and other important
factors, including those discussed under "Risk Factors" in our
Annual Report on Form 10-K for the year ended December 31,
2023, as well as the Company's subsequent filings with the SEC, may
cause actual results, performance, or achievements to differ
materially from those expressed or implied by these forward-looking
statements. The forward-looking statements herein are made only as
of the date they were first issued, and unless otherwise required
by applicable securities laws, the Company disclaims any intention
or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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SOURCE Norfolk Southern Corporation