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CSX earnings: Volumes up but revenue per unit remains sluggish

2014-10-18 17:52:57| Railroads - Topix.net

NEW YORK - CSX Corporation, a leading railroad in the eastern U.S., reported its third quarter earnings on October 15. The company's revenue grew 7.9%, to reach $3.2 billion on strong volume growth across commodities. However, revenue per unit remained sluggish due to export coal headwinds and an unfavorable domestic coal mix.

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