CSX Railway: Third-Quarter Domestic Coal Shipments to Continue to Fall

SUGAR LAND--July 16, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives with eastern U.S. railway CSX Corporation (NYSE:CSX) (Jacksonville, Florida) say they expect to see a drop in shipment volumes in the third quarter, largely driven by a 15% reduction in domestic coal shipments. Industrial Info is tracking 40 CSX projects with a total investment value of $2.63 billion, dominated by yearly statewide maintenance and upgrade projects.

Within this article: Second-quarter earnings results for CSX Corporation, with information on projects such as a brownfield intermodal terminal in Pennsylvania.