CSX beats expectations with Q2 2021 freight surge
(Source: Transport Topics Online, July 22, 2021)
NEW YORK — Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations. Earlier this year, CSX reached a $525 million rail agreement with the Commonwealth of Virginia as part of a planned multibillion-dollar rail transportation initiative to upgrade service and infrastructure in the state. In the second quarter, the sale added $349 million in income to the railroad’s finances.
Full story: www.ttnews.com
Friday, July 23, 2021
Like us on Facebook at
Sign up for BLET News Flash Alerts