The Norfolk Southern Railway......By Reid Callaway
This image is of the sign that stands in front of the Norfolk Southern building in Midtown Atlanta on Peachtree Street, Atlanta, GA.
The Norfolk Southern Railway is a Class I railroad in the United States, owned by the Norfolk Southern Corporation. With headquarters in Norfolk, Virginia, the company operates over 24,000 route miles in 22 eastern states, the District of Columbia, and has rights in Canada from Buffalo to Toronto and over the Albany to Montreal route. The most common commodity hauled on the railroad is coal from mines in Indiana, Kentucky, Pennsylvania, Tennessee, Virginia, and West Virginia. The railroad also offers the most extensive intermodal network in eastern North America.
The current system was formed in 1982 with the creation of the Norfolk Southern Corporation, a holding company, and on December 31, 1990, the Southern Railway was renamed the Norfolk Southern Railway, and control of the Norfolk & Western Railway was transferred from the holding company to the Norfolk Southern Railway. In 1999, the system grew substantially with the acquisition of over half of Conrail.
Together Norfolk Southern Railway and CSX Railroad have a duopoly over all east-west freight rail traffic east of the Mississippi River.
As of October 1, 2014 Norfolk Southern Railway's total public stock value was slightly over $34.5 billion.
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December 7th, 2014
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