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Table of Contents
Chairman's Letter to Stockholders
An Overview of 1999: Expanding the System
The big story for Norfolk Southern in 1999 was growth. The assets and reach of the new system make it second to none in routes and service opportunities.
Routes, Facilities, Clearances
System map illustrates the expanded geographic market reach of the new Norfolk Southern.
Operating Plan: Concentrating on Customer Needs
At its core, the NS operating plan focuses on specific customer needs.
NS Launches Initiatives for Growth
In 1999, NS had under way some $250 million in infrastructure improvements to enhance operations on its expanded system.
T-Cubed Pursues Telecommunications Business
During 1999, NS formed a new subsidiary - Thoroughbred Technology and Telecommunications, Inc. - to enter the telecommunications business.
New Markets Diversify and Balance NS' Traffic Mix
New business in new markets in the Northeast helped NS achieve a more diverse and balanced traffic mix. All commodity groups showed volume increases.
These sections are available in the PDF version of the Annual Report Eleven-Year Financial Review
Management's Discussion and Analysis
Consolidated Financial Statements
Notes to Consolidated Financial Statements
Report of Management Report of Independent Auditors
Quarterly Financial Data
Our vision:
Be the safest, most customer-focused and successful transportation company in the world
Description of business:
Norfolk Southern Corporation, a Virginia-based holding company with headquarters in Norfolk, Va., owns all the common stock of and controls a major freight railroad, Norfolk Southern Railway Co. In addition, it owns a natural resources company, Pocahontas Land Corp., and a telecommunications company, Thoroughbred Technology and Telecommunications, Inc.
The railroad system's owned and operated lines extend over approximately 21,800 miles of road in 22 states, the District of Columbia and the Province of Ontario, Canada.
Pocahontas Land Corp. manages more than 1.2 million acres of coal, natural gas and timber resources in Alabama, Illinois, Kentucky, Tennessee, Virginia and West Virginia.
Thoroughbred Technology and Telecommunications, Inc., or T-Cubed, pursues opportunities to use the Corporation's assets for various technology-related purposes.