In its 2014 Annual Report, Norfolk Southern Corp. highlighted record-setting net income, revenues, operating income, earnings per share, and operating ratio.
The annual report, titled, “Behind Every Train,” includes a letter from CEO Wick Moorman that focuses on the people, equipment, and infrastructure supporting the company’s financial and operational achievements.
“2014 was an outstanding year for Norfolk Southern,” Moorman said in a news release. “Our performance during the year demonstrated the increasing demand for our services, the growing value of freight rail transportation in the marketplace, and Norfolk Southern’s progress in enhancing service to meet the needs of customers and create long-term value for shareholders.”
“As business began to rise dramatically following the difficult winter, we invested significant resources to align our people, equipment, and rail capacity with the volumes we were experiencing on the network,” Moorman said.
The company hired 1,344 train and engine employees during 2014 and placed into service 169 locomotives.