Norfolk Southern Railway is the main subsidiary of North American transportation provider Norfolk Southern. The rail company operates approximately 20,000 route miles in 22 states in the eastern, southeastern, and midwestern US. It serves every major container port in the eastern US and also transports freight via interchange with other rail carriers to and from the rest of the country. Norfolk Southern Railway primarily carries different types of general merchandise, as well as coal and intermodal shipment containers. With key markets in Kentucky, Pennsylvania, Virginia, and West Virginia, coal is the single largest commodity group that the railway carries by revenues.
Norfolk Southern Railway was established by the 1982 merger of Southern Railway and Norfolk and Western, creating an 18,000-mile system.
For fiscal 2010 the company saw a bump in railway operating revenues over the prior year due to increased traffic volumes and higher average revenue per unit driven by a recovering general economy. Revenues increased 19% in 2010 and net income was up 45% compared to 2009.
In 2011 Norfolk Southern Railway announced it put in a $100 million order for 1,500 new railcars from Chicago-based manufacturer FreightCar America. The order for high-capacity, coal-carrying cars is part of a plan to rejuvenate its coal fleet. It also reflects the rebounding economy and supports a major supplier to the railroad industry. – less