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CSX domestic coal shipments down; oil spill could hurt earnings

2015-03-05 01:11:17| Railroads - Topix.net

CSX Corp. domestic coal shipments are expected to decline at least 5 percent this year, making it more difficult for the company to reach its goals, CSX Chief Financial Officer Fredrik Eliasson said in a statement before his appearance at the JP Morgan Aviation, Transportation and Industrials Conference in New York City. Coal shipments make up a major part of CSX's business, representing 18 percent of total volume and 22 percent of revenue in 2014.

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