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Rail News Home Rail Industry Trends

6/2/2009



Rail News: Rail Industry Trends

NS marks Conrail integration's 10th anniversary, wins logistics award


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Yesterday, Norfolk Southern Corp. marked the 10th anniversary of the Conrail integration. On June 1, 1999, the Class I acquired about 60 percent of Conrail — an acquisition that added 7,200 miles of track and 10,000 employees to NS’ operations.

The Conrail transaction returned competitive rail service to the Northeast for the first time in 20 years, according to NS. During the past decade, the Class I has spent about $10 billion to improve track, equipment and facilities, and upgrade technology. The railroad also sharpened its focus on customer service and made operational strides, such as the implementation of the Thoroughbred Operating Plan.

"As satisfying as it is to see how far we've come, it's more exciting to look ahead," said NS Chairman, President and Chief Executive Officer Wick Moorman in a prepared statement. "Our progress has given us the strength to weather the current economic storm. Ten years from now, along with our partners, we will look back again with amazement at how far we've come together."

Meanwhile, NS also announced it won the 2008 Carrier of the Year Award from UPS Autogistics. The award recognizes the Class I for overall logistics excellence among North American railroads for the transportation of Ford vehicles.

UPS Autogistics honored NS for its on-time delivery, quality, damage-free handling and total customer service. Last year, the railroad moved more than 1.4 million Ford vehicles.


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