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.
“Despite all this disruption and absorbing $35 million of storm restoration costs that Jason will detail, we delivered 8% EPS growth on an adjusted basis, driven in part by $55 million of labor productivity savings.”
“We are reiterating our full year 3% revenue growth guide and 150 basis points of operating ratio improvement while acknowledging that there is uncertainty on the horizon.”
“The reality is we're going to keep our eye on the external outlook. We're not fully volume variable as an enterprise as you know you'd have to go and do some draconian things if you wanted to be volume variable. I think we learned a harsh lesson when we tried doing that in 2020 with the onset of COVID and then was unab...”
“I think the bigger risk for us is a broader economic slowdown. A recessionary type of scenario where you lose the few points of top line because there's a general GDP slowdown. Tariffs, it's harder to say certainly in the short term and bear in mind we're largely a domestic business.”
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Union Pacific CEO Jim Vena and Norfolk Southern CEO Mark George join CNBC's 'Squawk on the Street' to discuss Union ...
We are excited to announce the launch of AlphaStreet Intelligence, a cutting-edge technology driven global ecosystem that connects companies, investors, analysts, and experts. Crafted as an AI-driven market intelligence platform, it not only facilitates interaction among the eco system participants but also accelerates research and decision-making by surfacing self-learning AI insights. The unrivaled intelligence is due to unique combination of platform interactions and syndicated content. I believe that AlphaStreet Intelligence will transform the way market intelligence is approached, make th…
Team NS has momentum on all fronts: safety, operations, customer trust, and growth. During a recent visit to Savannah, our CEO ...
Morgan Brennan sits down with Norfolk Southern CEO Mark George in an exclusive interview to discuss the company's latest earnings report, the state of the economy and industrials and what impact he expects from tariffs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC…
CEO Mark George recently joined CNBC’s Closing Bell: Overtime with Morgan Brennan to discuss our Q3 earnings, share his vision for Norfolk Southern, and provide insights into the macroeconomic outlook. Team NS is delivering strong results, thanks to our railroaders and their focus on safety and operational excellence. Learn more at https://lnkd.in/dtfg_vXJ.
Morgan Brennan sits down with new Norfolk Southern CEO Mark George in an exclusive interview, his first in the role. George ...
Mark George, finance chief of rail giant Norfolk Southern Corp. lists his CFO priorities in light of the changing economic environment.
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