On Wednesday, Eastern Class I railroad Norfolk Southern (NYSE: NSC) reported a solid operating beat for the fourth quarter of 2024, surpassing Wall Street expectations for earnings even on revenue that was slightly down.
The company has gotten leaner under EVP and COO John Orr’s operational leadership, reducing overtime by 20% in the second half of 2024, accelerating its trains and cutting down on terminal dwell.
A renewed focus on asset utilization saw NS put 500 locomotives into storage over...
https://www.freightwaves.com/news/norfolk-southern-poised-for-opportunistic-growth-in-2025