Norfolk Southern Corp (NYSE:NSC)

$ 237.92 2.15 (0.91%) Market Cap: 53.83 Bil Enterprise Value: 70.05 Bil PE Ratio: 22.34 PB Ratio: 3.90 GF Score: 85/100

Norfolk Southern Corp at Cowen Global Transportation Conference Transcript

Sep 04, 2019 / 03:30PM GMT

Release Date Price: $171.57 (+0.42%)

Transcript

Jason H. Seidl

Cowen and Company, LLC, Research Division - MD & Senior Research Analyst

All right, everyone, we're going to get back here on track. No pun intended. With us today we're very pleased to have Norfolk Southern and representing Norfolk Southern is Alan Shaw. He's Chief Marketing Officer, and Alan's going to open up with a few slides. And then we're going to go into some questions and we'll open it up to the audience as well.

So without further ado, Alan?

Alan H. Shaw

Norfolk Southern Corporation - Executive VP & CMO

Jason, thanks for inviting us here. Hosting Pete and myself, we're happy to represent Norfolk Southern and happy to talk to you about our productivity initiatives. We will make a couple forward-looking statements, those are subject to risks and uncertainties, and I would invite the audience to review our risks and uncertainties as we filed with the SEC in our 10-K.

Let me talk a little bit about third quarter volumes. Obviously, they've been pressured particularly within coal and intermodal by commodity

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