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Norfolk Southern Corporation (NSC), headquartered in Atlanta, Georgia, operates a major freight railroad, primarily transporting raw materials, intermediate products, and finished goods across the Southeast, East, and Midwest U.S., with connections to the rest of the country. Valued at a market cap of $54.8 billion, it also handles overseas freight through Atlantic and Gulf Coast ports and offers comprehensive logistics services, including the largest intermodal network on the U.S. East Coast.
Shares of this leading railroad company have underperformed the broader market slightly over the past year. NSC has gained 18.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.7%. In 2024, NSC stock is up 5.3%, while SPX is up 18% on a YTD basis.