Norfolk Southern Corporation: Leveraging Intermodal Strengths To Drive Growth! 

Norfolk Southern Corporation presented its second quarter 2024 financial results, revealing mixed outcomes that reflect both ongoing challenges and notable advances in operational efficiencies. The call was led by President and CEO Alan Shaw, alongside executives responsible for various key functions within the organization. One of the significant highlights from the results was the improvement in operating ratio (OR), which stood at 65.1% for the quarter, showcasing a substantial margin enhancement of 480 basis points sequentially. This was especially notable considering the revenue headwinds faced by the company during the period. The first half OR of 67.5% aligns with the company’s commitment to enhancing operational efficiency.