Home Open Account Help 199 users online

Eastern Railroad Discussion > NS Q4 2024 Financial Results


Date: 01/29/25 14:23
NS Q4 2024 Financial Results
Author: JPB

Looked like an OK quarter but a flat year in terms of revenues. I haven't yet read the Q4 2024 earnings call transcript but here's a link to the Trains Magazine article: 

Norfolk Southern touts its operational, service, and financial improvements

Excerpt:

“Our network is running fast, our terminals are efficient. Service metrics are as strong as they have ever been. Our customers are noticing and rewarding us with more business and we continue to exercise strong cost discipline,” George told investors and analysts on the railroad’s earnings call.

“When you put it all together, we delivered a Q4 that was in line with the guidance we gave, wrapping up a year where we delivered or exceeded on all the commitments we made.

”The operational improvements included boosting average train speed by 10%, reducing terminal dwell by 15%, cutting the unplanned recrew rate by 20%, and storing 500 locomotives even as traffic increased 5% for the year.

Running a faster, more fluid railroad produced $300 million in cost savings, which was $50 million above the target set in the spring. Even though annual revenue declined by 2% due to slumping coal rates and volume, NS was able to top its operating ratio goals..."



Edited 1 time(s). Last edit at 01/29/25 14:25 by JPB.








Date: 01/29/25 15:14
Re: NS Q4 2024 Financial Results
Author: Englewood

Reduce - Store - Eliminate



Date: 01/30/25 08:00
Re: NS Q4 2024 Financial Results
Author: Drknow

Retreat-dig trenches, repeat ad infinitum. PSR into non existence. Success.

Regards

Posted from iPhone



Date: 01/30/25 08:36
Re: NS Q4 2024 Financial Results
Author: Lackawanna484

The slide from the presentation lists the promises made last Spring, and whether they were achieved.

They were.

Posted from Android



Date: 01/30/25 08:43
Re: NS Q4 2024 Financial Results
Author: Ticeska

Incremental cost reductions and no growth, yippee - now that's success! 



Date: 01/30/25 13:18
Re: NS Q4 2024 Financial Results
Author: ShortlinesUSA

I love the headline from Freightwaves today:

"NS is Back"

Like they scored some massive Super Bowl win or something.

Posted from Android



Date: 02/02/25 06:26
Re: NS Q4 2024 Financial Results
Author: ns1000

More Corporate speak...

When UPS trains are having long delays due to the lack of "good working power" (and NO power to spare), you think there might be a problem?!?! I will refrain from saying more.

Counting down the years.....

Posted from Android



[ Share Thread on Facebook ] [ Search ] [ Start a New Thread ] [ Back to Thread List ] [ <Newer ] [ Older> ] 
Page created in 0.0772 seconds