Norfolk Southern Corporation (NSC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Norfolk Southern Corporation Q2 2026 earnings conference call. At this time, all participant lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. Also note that this call is being recorded on Thursday, July 23, 2026. And I would like to turn the conference over to Luke Nichols. Please go ahead, sir. Thank you, and good morning, everyone. Please note that during today's call, we will make certain forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or future performance of Norfolk Southern Corporation, which are subject to risks and uncertainties and may differ materially from actual results. Please refer to our annual and quarterly reports filed with the SEC for full discussion of those risks Thank you for joining us. I'll now turn the call over to Norfolk Southern's President and Chief Executive Officer, Mark George. Good morning, everyone, and thanks for joining us. Here in Atlanta with me are Brian Barr, our Chief Operating Officer, Ed Elkins, our Chief Commercial Officer, and Jason Zampi, our Chief Financial Officer. Look, a lot's changed since our last call. Most importantly, the sharp inflection in volumes. Initially catalyzed by the Iran conflict that bolstered our energy markets, and that strength has now spread into other markets, including domestic, intermodal and industrial products. With that backdrop, we delivered a strong second quarter with results that exceeded our own expectations, starting with strong volume and revenu...