INSIDER
CSX railroad's profit fell 27% in the first quarter as two major construction projects and some severe weather contributed to a decline in shipments.
Whitewater outfitters on the Nolichucky River are facing an uncertain future after Hurricane Helene devastated this scenic spot on the North Carolina-Tennessee border.
Both Union Pacific and CSX delivered solid results in the fourth quarter as the railroads prepared to deal with whatever challenges President Donald Trump's administration or the economy might present this year.
CSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports.
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.
CSX's fourth-quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly.
Fewer shipping container deliveries this spring slowed railroad CSX's second-quarter profit and offset a sharp increase in shipments of automobiles.
The contract imposed on railroad workers last fall didn't resolve their quality-of-life issues, but there are indications the major freight railroads might start to address some of their concerns about demanding schedules and the lack of paid sick time.
CSX railroad says it hauled in 9% more fourth-quarter profit even though it carried less cargo because it received more money for fuel surcharges and higher shipping rates.
