Norfolk Southern will eliminate 1,200 jobs and cut costs by $130 million in 2016. "Norfolk Southern to Cut Jobs, Rail LInes -- 2nd Update," published at 2:40 p.m. Wednesday, incorrectly said that those changes would take place next year in the first and second paragraphs. (Jan. 28, 2016)

(END) Dow Jones Newswires

January 28, 2016 11:34 ET (16:34 GMT)

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