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CSX Raises Forecast as Railroads Chase Cargo Beyond Coal

2013-10-16 09:32:09| Railroads - Topix.net

CSX Corp. unexpectedly boosted its full-year profit forecast as the biggest railroad in the eastern U.S. bets on intermodal freight to help stanch declines in shipments of coal, its largest cargo.

Tags: cargo chase forecast coal

CSX Gains 2% After Hours on Earnings Beat, Higher Guidance

2013-10-16 01:27:56| Railroads - Topix.net

Shares of CSX Corp. have gained 2.4% in after-hours trading after the railroad company reported better-than-forecast earnings .

Tags: hours higher beat guidance

CSX 3Q profit rises 2 pct on higher volume, rates

2013-10-16 00:23:00| Railroads - Topix.net

CSX delivered a 2 percent profit increase in the third quarter as the railroad operator overcame disappointing coal revenue with volume growth and higher shipping rates.

Tags: rates volume higher profit

Here's A Look At What CSX Moved Across Its Massive US Railroad Network

2013-10-16 00:22:59| Railroads - Topix.net

"CSX posted historically high financial results as it continued to effectively manage ongoing challenges in the coal market and leverage growth opportunities in merchandise and intermodal," CEO Michael J. Ward said in a statement .

Tags: us network moved massive