Norfolk Southern
Norfolk Southern Corporation is a major player in rail transportation in the Eastern United States, operating over 20,000 route miles across 22 states and the District of Columbia. The company specializes in transporting a wide range of goods, including industrial products such as chemicals, agricultural products, metals, construction materials, coal, and automobiles. Norfolk Southern also facilitates international trade by providing services to key Atlantic and Gulf Coast ports, as well as river and lake ports. In addition to freight services, the company offers commuter passenger services. Norfolk Southern is committed to enhancing its rail network and increasing freight capacity through strategic investments, which not only aim to improve operational efficiency but also contribute to job creation and the reduction of greenhouse gas emissions. The company is headquartered in Norfolk, Virginia, and has been incorporated since 1980.
Top Stages
2 past transactions
DrayNow
Corporate Round in 2023
DrayNow is a technology company based in Pipersville, Pennsylvania, founded in 2017. It operates an online marketplace designed for the intermodal freight industry, focusing on the first and last mile of transportation. The platform uses real-time technology to connect intermediaries with carriers, providing visibility into shipment locations and statuses at all times. This enables truckers to compare rates, view load details, and select available loads in their area instantly. By doing so, DrayNow helps companies in the intermodal industry enhance efficiency, capacity, service, visibility, and profitability.
Arzoon
Venture Round in 2000
Arzoon, founded in September 1999 by Farid Dibachi, is a provider of integrated logistics and global trade management technology. The company quickly assembled a team of over 100 experts in transportation and technology and secured $34 million in funding from various investors. Arzoon's Transportation Management Trading Network™ automates and synchronizes the entire lifecycle of transportation processes, including procurement, execution, tracking, and reporting. Its platform facilitates collaboration among shippers, carriers, customers, and suppliers, creating a networked community that enhances communication and business interactions across international borders and various IT systems. This standardized approach improves efficiency, speed, and productivity for all trading partners in the transportation sector.
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