Wolfe Trahan & Co. Global Transportation Conference May 26, - - PowerPoint PPT Presentation
Wolfe Trahan & Co. Global Transportation Conference May 26, - - PowerPoint PPT Presentation
Wolfe Trahan & Co. Global Transportation Conference May 26, 2010 Wick Moorman Chairman, President and CEO Norfolk Southern Corporation First Quarter Highlights 2010 vs. 2009 NS Volume April and Year-to-Date Volume 2010 vs. 2009 April
First Quarter Highlights
2010 vs. 2009
NS Volume
April and Year-to-Date Volume 2010 vs. 2009
April 2010 Y-T-D 2010 Units Abs. % Chg. Units Abs. % Chg.
Agriculture 48,433 8,485 21% 206,717 36,397 21% MetCon 55,372 18,640 51% 193,649 36,030 23% Paper 26,429 4,525 21% 104,863 8,427 9% Chemicals 31,910 8,833 38% 128,534 25,132 24% Automotive 21,748 1,347 7% 92,157 9,924 12% Merchandise 183,892 41,830 29% 725,920 115,910 19% Intermodal 225,136 38,831 21% 901,689 108,544 14% Coal 128,290 25,950 25% 492,570 9,451 2% Total 537,318 106,611 25% 2,120,179 233,905 12%
- vs. 2009
- vs. 2009
Business Outlook
Chemicals Agriculture Domestic Intermodal International Intermodal Export Coal Domestic Met Coal Steel Utility Coal Automotive Forest Products
- Manufacturing recovery & project growth
- Build out of ethanol network
- Truckload conversions
- Improving imports/exports
- Recovery in global steel production
- Falling stockpiles and increased electricity generation
- Impact of Ford vehicle network redesign
- Uncertainty in housing , but improving paper markets
Norfolk Southern Strengths
- Operating Efficiency
- Service Consistency and Reliability
- Safety Performance
- Shareholder Returns
- Innovative Technology
- Corridor Strategy
Meridian Speedway Heartland Corridor Central Florida Patriot Corridor Mid America Corridor Crescent Corridor
Meridian Speedway
Meridian Speedway Patriot Corridor
Meridian Speedway Central Florida Patriot Corridor
Meridian Speedway Central Florida Patriot Corridor Mid-America Corridor
Mid-America Corridor
- Purpose: Partnership with
CN to create new Midwest – Southeast route
- Status: Upgrades to begin
in 2010
Meridian Speedway Heartland Corridor Central Florida Patriot Corridor Mid-America Corridor
Meridian Speedway Heartland Corridor Central Florida Patriot Corridor Mid-America Corridor Crescent Corridor
Crescent Corridor
- Purpose: Create a truck-
competitive corridor between the Northeast and Southeast
- Scope: New/expanded
terminals and route improvements
- Status:
- Initial Virginia route
improvements complete
- 12% intermodal volume growth
from Northeast to Southeast in 2008
- TIGER grants recently awarded