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CSX earnings slump on charges, coal decline
Yahoo Finance· 2025-10-17 03:28
CSX’s profits declined in the third quarter as intermodal growth could not offset an 11% decline in coal revenue. But the railroad’s key operating metrics all improved, even amid detours related to a pair of major construction projects, the Howard Street Tunnel clearance project in Baltimore and the rebuilding of the hurricane-damaged Blue Ridge Subdivision. “We’re encouraged by the progress made this quarter. Our team did a great job at working together, responding effectively to the tests faced earlier ...