Norfolk Southern disposes of 300 locomotives, holds 400 for sale

April 17, 2020

(Source: Freight Waves, April 16, 2020)

CHATTANOOGA, Tenn. — Norfolk Southern has shed approximately 300 locomotives and intends to put up another 400 for sale, the Eastern U.S. railroad said in a Thursday filing to the Securities and Exchange Commission (SEC). The company attributes its decision to the introduction of precision scheduled railroading [PSR] in 2019.

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Friday, April 17, 2020