CSX (CSX +1.6%) moves higher following CEO Michael Ward's sit-down with Jim Cramer. Ward says...

|About: CSX Corporation (CSX)|By:, SA News Editor

CSX (CSX +1.6%) moves higher following CEO Michael Ward's sit-down with Jim Cramer. Ward says U.S. coal shipments have slumped 33% from last year to 1M carloads in 2012, but 80% of its other industries are either stable or improving, including lumber, which is closely tied to housing development. Auto shipments are up 27%; chemicals, nat gas and oil shipments also up.