Toyota Recognizes Norfolk Southern With Logistics Awards

[Anonymous]

April 12, 2006

Toyota Recognizes Norfolk Southern With Logistics Awards

NORFOLK, VA. - Toyota Logistics Services has awarded Norfolk Southern
Corporation (NYSE:NSC) the 2005 President's Award for overall logistics
excellence among rail carriers, its highest award given to a logistics
provider.

The award is based on overall performance in three categories -
customer service, on-time performance and quality.

"To be recognized as a top-performing provider of logistics by a
world leader in quality and service is high praise indeed, and we are
grateful for the honor," said Donald W. Seale, Norfolk Southern
executive vice president and chief marketing officer.

Norfolk Southern also received Toyota's Logistics Excellence Award
for On-Time Performance among rail carriers.

During 2005, Norfolk Southern transported Toyota vehicles
throughout its network, including those originating from NS-served
plants in Georgetown, Ky., and Princeton, Ind.

Norfolk Southern Corporation is one of the nation's premier
transportation companies. Its Norfolk Southern Railway subsidiary
operates approximately 21,200 route miles in 22 states, the District of
Columbia and Ontario, Canada, serving every major container port in the
eastern United States and providing superior connections to western
rail carriers. NS operates the most extensive intermodal network in the
East and is North America's largest rail carrier of automotive parts
and finished vehicles.

http://www.nscorp.com/nscorp/index.jsp

Dave

[PBenham]

However, NS faces a challange in the near/distant future, when (notice I did not say if) Ford and General Motors go bankrupt. NS will have a major challange that may be even greater than the death of "Big Steel". It took a while for Norfolk & Western to recover the lost steel revenue, and it may take a while for NS to recover from the "Big Two" hitting the courts,(chapter 11) downsizing and/ or outsourcing a lot of work out of this country to the third world. NS will likely try to get the business from as many ports as it can. Conrail Shared assets in Detroit may be sent to court by CSX and NS, while the New Jersey operations will stand to profit from increased auto traffic through the New York-New Jersey and Philadelphia gateways. CSX's ability to recover is, in my mind ,problematic. This may be it for CSX. UP(most of all),BNSF, CN, CP and KCS will be watching CSX very carefully.

[Anonymous]

The domestic Steel industry did not die,
although many major players did.

Dave

QUOTE: Originally posted by PBenham

However, NS faces a challange in the near/distant future, when (notice I did not say if) Ford and General Motors go bankrupt. NS will have a major challange that may be even greater than the death of "Big Steel". It took a while for Norfolk & Western to recover the lost steel revenue, and it may take a while for NS to recover from the "Big Two" hitting the courts,(chapter 11) downsizing and/ or outsourcing a lot of work out of this country to the third world. NS will likely try to get the business from as many ports as it can. Conrail Shared assets in Detroit may be sent to court by CSX and NS, while the New Jersey operations will stand to profit from increased auto traffic through the New York-New Jersey and Philadelphia gateways. CSX's ability to recover is, in my mind ,problematic. This may be it for CSX. UP(most of all),BNSF, CN, CP and KCS will be watching CSX very carefully.