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CSX's second-quarter profit declined as the railroad delivered fewer imported goods

Por: ABC News Business July 21, 2023

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OMAHA, Neb. -- Fewer shipping container deliveries this spring hurt CSX railroad's second-quarter profit and offset a sharp increase in shipments of , but executives remain optimistic about the economy.CSX said Thursday that it earned $996 million, or 49 cents per share, during the second quarter. That's down 15% from a year ago when the Jacksonville, Florida-based railroad's results were helped by a $122 million land sale. Last... + full article



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