FILE - A CSX train engine sits idle on tracks in Philadelphia, Sept. 14, 2022. (AP Photo/Matt Rourke, File) (Matt Rourke, Copyright 2022 The Associated Press. All ...
Rail operator says plastics shipments are strong, as domestic producers benefit from disruptions abroad. Data-center demand is also driving shipments. CSX's stock is up 56% over the past 12 months.
CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. The ...
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