CSX provided the first evidence of the railroad industry’s continuing strong recovery when it...

|About: CSX Corporation (CSX)|By:, SA News Editor
CSX provided the first evidence of the railroad industry’s continuing strong recovery when it published Q1 earnings that rose 14% to a record $449M. Solid gains in merchandise shipping (up 6%)  and intermodal traffic (up 9%) more than outweighed the 14% drop in coal movements. CSX is the first of the top U.S. railroads to release Q1 results.