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Norfolk Southern Corporation
NSC
Norfolk
Southern is a holding company engaged in the railroad transportation
business. The Company's major subsidiary is the Norfolk Southern Railway
Company. As of December 31, 2004, the company’s railroads operated
approximately 21,300 miles of road. NS' railroads carry raw materials,
intermediate products and finished goods primarily in the Southeast, East and
Midwest, and via interchange with other rail carriers, to and from the rest
of the United States and
parts of Canada.
They also move overseas freight through several Atlantic and Gulf Coast
ports. Through a limited liability Company, NS and CSX Corporation (CSX)
jointly own Conrail Inc. (Conrail), whose primary subsidiary is Consolidated
Rail Corporation (CRC). CRC owns and operates certain properties (the Shared
Assets Areas) for the joint and exclusive benefit of NSR and CSX
Transportation Inc. (CSXT). On August 27, 2004, NS, CSX and Conrail completed
a reorganization of Conrail.
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