Harsh Winter Weather Takes Bite Out of CSX Railway Profits in First-Quarter 2014
SUGAR LAND--April 17, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Citing an exceptionally harsh winter, U.S. railway company CSX Corporation (NYSE: CSX) (Jacksonville, Florida) said its first-quarter net earnings fell nearly 15% to $398 million from the same quarter last year. Industrial Info is tracking $3.6 billion in CSX projects.