Valued at $69 billion by market cap, Georgia-based Norfolk Southern Corporation (NSC) is one of North America's largest freight railroad operators, providing rail transportation services across the eastern United States. Through its extensive rail network spanning more than 20 states, the company transports a wide range of commodities, including intermodal containers, automotive products, chemicals, agricultural products, metals, construction materials, and energy-related cargo.
Companies worth $10 billion or more are generally described as "large-cap stocks." NSC fits right into that category with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the rail transportation industry.