{
  "docId": "019dd923-622b-71dc-a6dc-b84a0572e500",
  "docSlug": "e8b986ed5b81",
  "documentTitle": "Norfolk Southern Corporation (NSC)",
  "authorId": "21_Ancora",
  "authorName": "Move NSC Forward",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-04-15 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 163,
  "pageCount": 193,
  "prevPage": 162,
  "nextPage": 164,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 22,
  "notes": "The slide uses a red-box callout to highlight the 'Merchandise' category, which is then broken down in the bottom chart.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "bar_chart_vertical",
    "bar_chart_grouped",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-b84a0572e500/163",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-b84a0572e500",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-b84a0572e500.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-b84a0572e500#slide-163",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Norfolk Southern's inferior service can be quantified by comparing carload volumes with its closest comparable, CSX.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-5375-7572-b863-a707c776b1fd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.92,
        "x": 0.038,
        "y": 0.525
      },
      "kind": "chart",
      "text": "Merchandise Carload Categories",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e8ebd94-1300-4f7a-8d2b-cfded14c5f9a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.92,
        "x": 0.038,
        "y": 0.235
      },
      "kind": "chart",
      "text": "Freight Volumes by Class – 2018 Carloads v. 2023 Carloads (% Change)",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e029d85e-dead-4dfd-8456-11b94587982f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "carload volume change: -33.0%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-5375-7572-b863-a8187f4fc13a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.92,
        "x": 0.038,
        "y": 0.095
      },
      "kind": "paragraph",
      "text": "Norfolk Southern's inferior service can be quantified by comparing carload volumes with its closest comparable, CSX. Norfolk Southern has substantially underperformed CSX in every carload class and seven out of eight merchandise categories. If Norfolk Southern's service was on par, its freight volume would have held even with CSX.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "db10ce09-4148-447d-aad8-83cf5ced07de",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.038,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "Company filings, AAR Weekly Carloading Reports, Ancora estimates.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3944f2fb-d0cb-488b-90d7-575f4b9b6c5e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.45,
        "x": 0.038,
        "y": 0.038
      },
      "kind": "title",
      "text": "Norfolk Southern Volume Underperformance",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3165a5bd-5518-4487-8f7f-51020fffd7bf",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "comparison_frame",
      "slug": null,
      "matchId": "20cd6696-8278-4a4f-9fdc-126465e00390",
      "evidence": "Direct comparison of NSC vs CSX performance metrics",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}