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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________________________________

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
July 26, 2019 (July 26, 2019)
________________________________
NS8K072619IMAGEMRA1.JPG
NORFOLK SOUTHERN CORPORATION
(Exact name of registrant as specified in its charter)
_______________________________________________________________________
Virginia
1-8339
52-1188014
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
 
 
Three Commercial Place
 
757-
629-2680
Norfolk,
Virginia
 
(Registrant's telephone number, including area code)
23510-2191
(Address of principal executive offices, including zip code)
 
 

No Change
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 

Trading Symbol
 
Name of each exchange
 on which registered
Norfolk Southern Corporation Common Stock (Par Value $1.00)
 
NSC
 
New York Stock Exchange






Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [  ]





Item 8.01.    Other Events

On July 26, 2019, the Registrant furnished the 2018 Railway Operating Revenues Analysis for its revenue commodity groups (“Railway Operating Revenues Analysis”), attached hereto as Exhibit 99.1. As previously disclosed in the Registrant’s Quarterly Reports on Form 10-Q for the quarters ended March 31 and June 30, 2019, at the beginning of 2019, the Registrant re-categorized certain commodities within the Merchandise major commodity groups to better align with how it internally manages these commodities. The Railway Operating Revenues Analysis re-categorizes these commodities within Merchandise revenues for full year 2018 and each quarter therein to conform to the current categorization and for purposes of comparison of upcoming quarterly Merchandise revenue to the corresponding periods in 2018.

The re-categorization does not have any net impact on previously reported overall Merchandise revenues or total railway operating revenues for 2018.

The Railway Operating Revenues Analysis should be read in conjunction with the consolidated financial statements and notes thereto included in the Registrant’s latest Annual Report on Form
10-K and in subsequent Quarterly Reports on Form 10-Q.

Item 9.01.    Financial Statements and Exhibits.
 
(d) Exhibits
 
The following exhibit is filed as part of this Current Report on Form 8-K:
 
Exhibit Number
Description
99.1

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SIGNATURES
NORFOLK SOUTHERN CORPORATION
(Registrant)


     /s/Virginia K. Fogg                                                
Name:  Virginia K. Fogg
Title:  General Counsel

Date:  July 26, 2019
 


2018 Railway Operating Revenues Analysis Revenues Units Revenue per Unit Commodity and Period ($ in millions) (in thousands) ($ per unit) First Quarter Chemicals$ 454 126.6 $ 3,585 Agriculture products 357 129.9 2,744 Metals and construction 356 175.9 2,023 Automotive 243 102.8 2,362 Forest and consumer 195 70.9 2,755 Merchandise 1,605 606.1 2,647 Intermodal 678 1,049.2 647 Coal 434 249.1 1,743 Total $ 2,717 1,904.4 1,427 Second Quarter Chemicals$ 465 133.0 $ 3,495 Agriculture products 379 137.4 2,759 Metals and construction 413 206.8 1,997 Automotive 253 104.7 2,421 Forest and consumer 208 73.6 2,825 Merchandise 1,718 655.5 2,621 Intermodal 714 1,091.8 654 Coal 466 273.6 1,704 Total$ 2,898 2,020.9 1,434 Third Quarter Chemicals$ 481 134.7 $ 3,573 Agriculture products 388 136.8 2,837 Metals and construction 401 199.9 2,006 Automotive 245 98.4 2,486 Forest and consumer 222 76.0 2,929 Merchandise 1,737 645.8 2,690 Intermodal 746 1,116.2 669 Coal 464 255.8 1,812 Total$ 2,947 2,017.8 1,461 Fourth Quarter Chemicals$ 458 129.0 $ 3,551 Agriculture products 390 134.8 2,895 Metals and construction 369 177.1 2,084 Automotive 250 98.0 2,550 Forest and consumer 217 72.8 2,968 Merchandise 1,684 611.7 2,752 Intermodal 755 1,118.5 675 Coal 457 255.0 1,792 Total $ 2,896 1,985.2 1,458 Year Chemicals$ 1,858 523.3 $ 3,551 Agriculture products 1,514 538.9 2,809 Metals and construction 1,539 759.7 2,026 Automotive 991 403.9 2,453 Forest and consumer 842 293.3 2,870 Merchandise 6,744 2,519.1 2,677 Intermodal 2,893 4,375.7 661 Coal 1,821 1,033.5 1,762 Total $ 11,458 7,928.3 1,445