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CSX Maintains Positive Outlook After Narrow Improvement in First-Quarter 2013, but Coal Market Still Weak


Industry Segment: Industrial Manufacturing | Word Count: 533 Words

SUGAR LAND--April 17, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Rail operator CSX Corporation (NYSE:CSX) (Jacksonville, Florida) reported overall results for first-quarter 2013 that were mostly in line with the same period last year, as gains in the Merchandising and Intermodal segments offset ongoing declines in the Coal segment, with particularly strong results from the chemicals and crude oil businesses. Industrial Info is tracking $1.87 billion in active projects involving CSX.

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