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Mark George

President, Chief Executive Officer & Director, Norfolk Southern Railway

Search every verified Mark George interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mark George, President and CEO of Norfolk Southern, discussed the company’s performance and strategic priorities during the Q4 2025 and Q1 2025 earnings calls. He stated that the company moved 3% more gross ton miles in 2025 with 4% fewer employees, describing this as “total quality railroading.” George noted that the company absorbed $35 million in storm restoration costs in Q1 2025 while delivering 8% adjusted EPS growth, partly from $55 million in labor productivity savings. He said the company is intensifying efforts to lower dwell for cars and locomotives using a new zero-based terminal methodology. Regarding the proposed merger with another railroad, George said the company is working with Union Pacific to submit an augmented application to the Surface Transportation Board and remains committed to working with stakeholders. He described the merger as a “necessary catalyst to grow,” helping recapture freight from highways and supporting reindustrialization. George characterized opposition from other railroads as based on “misinformation” and “scare tactics,” and argued that the merger would enhance competition by giving customers more options. On tariffs, he said there is no clear information on how they may impact markets and revenues, while reiterating a full-year 2025 guidance of 3% revenue growth and 150 basis points of operating ratio improvement.

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