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Get NSC alertsEd Elkins has spoken on 6 earnings calls across 1 company, most recently for Norfolk Southern Corp on October 22, 2026. Norfolk Southern Corp is classified in the Railroads industry within the Industrials sector. Other leadership on record at Norfolk Southern Corp includes Mark R. George (CEO, CFO and Board Member), Amy E. Miles (Chairman), Cynthia C. Earhart (CFO) and 7 others.
“Our commercial results this quarter reflect a strong macro backdrop and a tightening truck market, which has allowed NS to drive growth across our network. Volume grew in every one of our business groups, and we set an all-time record for revenue less fuel.”
“We can see that fuel surcharge was a major factor in the second quarter, helping to blunt some of the fuel expense pressures. Now, if you look past these headline numbers, you'll see that even without fuel, we achieved record revenue in the quarter.”
“Overall this quarter presented challenges for both volume and for revenue. As you can see on the slide, merchandise led the way, although our success was tempered by challenging market conditions within intermodal along with persistently weak export coal markets.”
“Well, thank you, John, and good morning to everyone on the call. I'll start on Slide 10 with a review of our commercial results for the third quarter, where you'll see that the work we're putting into creating a fluid network and dependable service delivered year-over-year revenue and volume growth.”
“Beginning on Slide 19, I'll review our commercial results for the quarter. Now, as we expected, the second quarter came with challenges related to ongoing soft freight demand, lower commodity prices, and still recovering service levels.”
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Railroads · Industrials
