CSX (NASDAQ:CSX) reported third-quarter earnings per share of $0.57, up 30% from the prior year’s adjusted result, as volume growth, pricing gains and lower non-fuel costs helped lift profitability.
CSX has eliminated 109 operations management positions as part of a restructuring of its engineering functions.
A federal grant will support deployment of autonomous railcar technology on a Missouri short line. The post Autonomous railcar technology earns $16M federal grant appeared first on FreightWaves.
CSX’s third-quarter profits increased due to a combination of volume growth, higher fuel surcharge revenue, and efficiency gains, the railroad reported today (Oct. 21). Operating income increased 44%, ...