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With a market cap of $56.5 billion, Atlanta, Georgia-based Norfolk Southern Corporation (NSC) is a leading player in the rail transportation sector. The company specializes in transporting a diverse range of goods and provides extensive logistics services through key Atlantic and Gulf Coast ports.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Norfolk Southern fits this criterion perfectly. Norfolk Southern is renowned for its dominance in the Eastern U.S. freight rail market, operating the largest intermodal network in the region, pioneering Roadrailer service, and managing 28,400 miles of track while maintaining a duopoly with CSX Transportation on transcontinental freight rail lines.