The Norfolk Southern cover story in the August 2018 issue of Progressive Railroading magazine provided an inside look from senior leaders and key tech gurus at some of the core technology initiatives that are helping NS deliver on its strategy to Reimagine Possible.
In the article, Chairman, President and CEO Jim Squires explains, “Technology is part of our strategy, our vision for a technology-enabled railroad of the future. The big benefits are in efficiencies and growth opportunities.” As Squires notes,
“'Reimagine Possible’ is a bold vision of what we can become to the benefit of our customers, employees and shareholders.”
John Scheib, executive vice president law and administration and chief legal officer, also weighs in on the current regulatory landscape, noting that many “regulations are configured for the rail industry of a century ago and don’t take into account technological advances.” As Scheib emphasizes, “Performance-based regulations would open up more opportunities for railroads to experiment and innovate.”
The balance of the article covers a number of exciting technology projects currently in the works at NS, providing key insights from the tech experts bringing them to life. To learn more about these fascinating initiatives – “from predictive analytics to machine learning to artificial intelligence to smart sensors” – check out the full article here.