Norfolk Southern (NSC) Q4 FY25 earnings call

Norfolk Southern delivered strong operational performance in Q4 FY25, marked by record safety achievements and significant cost takeout, exceeding targets. Despite a challenging demand environment and competitive pressures, particularly in Intermodal and seaborne coal, the company maintained cost discipline and improved network fluidity. Management is focused on safety, service, and cost control for 2026, while actively fighting for quality revenue amidst ongoing merger-related uncertainties.