Here's Why You Should Retain Norfolk Southern Stock Now
Southern Company(SO) ZACKS·2024-09-03 21:56
Norfolk Southern's (NSC) bottom line is bolstered by reduced cost and improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, NSC continues to grapple with the adverse impacts of the Ohio incident. Factors Favoring NSC Norfolk Southern's strategic decision to move more than 320 locomotives into storage or offline has led to significant cost savings and operational improvements. By reducing fuel consumption, maintenance expenses and overtime by about 20% in the s ...