Company profile

Future of Norfolk Southern

#
Rank
703
| Quantumrun Global 1000

The Norfolk Southern Railway is a Class I railroad in America. The company is headquartered in Norfolk, Virginia., the company operates in different eastern states, the District of Columbia and has rights in Canada from Buffalo to Toronto and over the Albany to Montreal route. The company is responsible for maintaining 29,000 miles, with the rest being operated under trackage rights from other parties responsible for maintenance. Coal is the common commodity hauled from the railroad from mines in Kentucky, Tennessee, Indiana, Pennsylvania, Virginia, and West Virginia. The railroad also provides the biggest intermodal network in eastern North America.

Home Country:
Industry:
Railroads
Founded:
1990
Global employee count:
27856
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$9888000000 USD
3y average revenue:
$10674333333 USD
Operating expenses:
$6814000000 USD
3y average expenses:
$7496666667 USD
Funds in reserve:
$956000000 USD

Asset Performance

  1. Product/Service/Dept. name
    Merchandise
    Product/Service revenue
    6182000000
  2. Product/Service/Dept. name
    Intermodal
    Product/Service revenue
    2218000000
  3. Product/Service/Dept. name
    Coal
    Product/Service revenue
    1488000000

Innovation assets and Pipeline

Total patents held:
33

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the transportation and logistics/shipping sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically.

*This automation will be vital to accommodate the growth in regional and international shipping driven by the economic growth projected for the African and Asian continents—projections that are themselves spurred by their massive population and internet penetration growth forecasts.

*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft. This shift will lead to significant fuel cost savings for short haul, commercial airlines.

*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.

*Throughout the 2020s, as the e-commerce industry continues to grow in developed and developing countries, postal and shipping services will flourish, less to deliver mail and more to deliver purchased goods.

*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.

COMPANY’S FUTURE PROSPECTS

Company Headlines