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Norfolk Southern Unveils Plans to Streamline Company Under New COO
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Norfolk Southern Unveils Plans to Streamline Company Under New COO
Apr 5, 2024 5:35 AM

08:23 AM EDT, 04/05/2024 (MT Newswires) -- Norfolk Southern ( NSC ) on Thursday unveiled initiatives to "accelerate progress" on its strategy under its new chief operating officer John Orr.

Intermodal and automotive operations, previously under the marketing division, will now report to Orr, the railway company said.

Since his appointment last month, Orr has revamped operational processes to enhance safety, productivity and service, the company said.

Among his initiatives have been the assembling of a task force and war room to assess network-wide asset utilization, setting up heat map to identify network blockages and increase speed, and reclassifying two hump yards as "high-performance terminals" where he aims to reduce dwell time by 33% over the next 60 days.

Norfolk Southern ( NSC ) shares were 0.2% higher in premarket trading.

Price: 249, Change: +0.49, Percent Change: +0.2

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