CSX Corp

CSX: XNAS (USA)
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CSX Earnings: Carload Demand Trends Mixed, but Productivity Steadily Recovering

Class-I railroad CSX's third-quarter revenue fell 1% year over year on softer benchmark coal rates (which hit all-in yield), partly offset by lingering intermodal growth and positive core merchandise pricing. Profitability worsened, but deterioration is easing due to sequential productivity gains.

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