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CSX 3Q profit up 15% as railroad hauls 2% more freight

Por: ABC News Business October 20, 2022

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OMAHA, Neb. -- CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.The Jacksonville, Florida-based railroad said Thursday that it earned $1.11 billion, or 52 cents per share, in the three-month period that ended Sept. 30. That's up from $968 million, or 43 cents per share, a year ago.The results beat Wall Street expectations... + full article



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