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Norfolk Southern Preparing For Sustained Growth
Norfolk Southern Preparing For Sustained Growth
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Anonymous
Member since
April 2003
305,205 posts
Norfolk Southern Preparing For Sustained Growth
Posted by
Anonymous
on Thursday, May 11, 2006 3:51 PM
May 11, 2006
Norfolk Southern Preparing For Sustained Growth, Moorman Tells Annual
Meeting Of Stockholders
NORFOLK, VA – Norfolk Southern Corporation (NYSE: NSC) is maintaining
the positive momentum of two years of growth created by “major shifts
in the transportation sector in this country,” said Chief Executive
Officer Wick Moorman during the company’s 24th annual stockholders
meeting, held today in Norfolk.
Moorman referred to 2004 and 2005 as “the best two consecutive years
that our company, and the industry, has seen for a long time.” He said,
“Thus far in 2006, we have been able to maintain our positive
momentum.”
Moorman said the chief reason for Norfolk Southern’s success “has been
our ability to provide ongoing reliable service to our customers in the
face of continuing growth on our network.” He also credited the
company’s focus on technology and the “hard work, ingenuity and
dedication of our people every day.”
In official business, stockholders re-elected three directors: Daniel
A. Carp, former chairman and chief executive officer of Eastman Kodak
Company; Steven F. Leer, president and chief executive officer of Arch
Coal, Inc.; and Moorman. Stockholders also ratified the appointment of
KPMG LLP as auditors.
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
http://www.railpictures.net/showphotos.php?userid=920
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