Norfolk Southern railroad hauls in 23% more profit

By Josh Funk, Associated Press, Herald & Review; April 24, 2019

OMAHA, Neb. — Norfolk Southern Corp. delivered a 23% improvement in its first-quarter profit as the railroad began implementing a comprehensive plan to cut costs and improve productivity.

The Norfolk, Virginia-based company said it earned $677 million, or $2.51 per share, in the quarter. That’s up from $552 million, or $1.93 per share, last year.

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