CSXCorp.'s profit dropped 23% as revenue and freight volumes dropped by double-digit percentages for the third consecutive quarter. But the railroad company said it believed the worst of the recession was over.
Similar Stories to Csx Profit Drops 23% On Lower Freight Volume on Bing News
WSJ.com: What's News US, Wall Street Journal: Home US
Tue, 10/13/2009 - 2:04pm
BING NEWS:
- Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.
04/25/2024 - 4:04 am | View Link - CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
CSX railroad's first-quarter profit slipped 10% even though the railroad delivered 3% more goods as shipments it handled shifted to a less-profitable mix.
04/17/2024 - 12:22 pm | View Link - CSX Revenue, Profit Fall Despite Rising Freight Volumes
Intermodal volume led the railroad’s volume gains in the first quarter with 7% year-over-year growth.
04/17/2024 - 8:54 am | View Link - More
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