Freight

Norfolk Southern announces cost-cutting plan

By 2016-01-28T12:20:00

Norfolk Southern has announced a plan to become a 'faster, lower cost and more profitable railroad'.

USA: Norfolk Southern Corp announced details of a strategic plan to become a 'faster, lower cost and more profitable railroad' on January 27, saying it expects to achieve annual productivity savings of $130m in 2016 and more than $650m by 2020.

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