Workflow
Norfolk Southern Poised Well on Dividends Amid Freight Woes
SOSouthern Company(SO) ZACKS·2024-10-10 22:15

Norfolk Southern's (NSC) proactive cost-cutting initiatives are boosting the company's operational efficiency. However, NSC is grappling with economic uncertainties, weak freight demand and lackluster liquidity. Factors Favoring NSC NSC strengthens its operations with robust cost-cutting initiatives, resulting in significant savings and improved efficiency. By strategically moving more than 320 locomotives into storage or offline, the company reduced fuel consumption, maintenance expenses and overtime costs ...