CSX Quarterly Profit Falls 24 but Efficiency Improves

OMAHA, Neb. — CSX Corp. reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly. The Jacksonville, Fla.-based railroad said it earned $846 million, or 42 cents per share,…Read More

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