Report Per NSDash9.com,
I believe this is NS’ first purchase of engines since they started PSR, could we be seeing them doing what CSX is doing and start phasing it out?
Norfolk Southern to purchase 10 new SD70IAC’s
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Norfolk Southern to purchase 10 new SD70IAC’s
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Re: Norfolk Southern to purchase 10 new SD70IAC’s
Is EMD still a company?
PatC created a monster, 'cause nobody wants to see Don Simon no more they want AARR I'm chopped liver, well if you want AARR this is what I'll give ya, bad humor mixed with irrelevant info that'll make you roll your eyes quicker than a ~Z~ banhammer...
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Re: Norfolk Southern to purchase 10 new SD70IAC’s
they’re now owned by progress rail, which is a division of caterpillar
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Re: Norfolk Southern to purchase 10 new SD70IAC’s
They’re almost certainly almost buying these because Progress Rail offered them to NS. They probably looked at the writing on the wall that they were unlikely to be leased out and thus offered them for full sale.
A 10-unit order for a Class One like NS is a drop in a massive bucket and is not indicative of a strategy change.
A 10-unit order for a Class One like NS is a drop in a massive bucket and is not indicative of a strategy change.
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Re: Norfolk Southern to purchase 10 new SD70IAC’s
And likely a good distance from full price.Saturnalia wrote: ↑Fri Dec 31, 2021 9:44 amThey probably looked at the writing on the wall that they were unlikely to be leased out and thus offered them for full sale.
No company want to have inventory on hand not earning cash.