CSX Railroad Reports 15% Jump in Fourth-Quarter Earnings, Targets $2.5 Billion Capex for 2015

SUGAR LAND--January 15, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Eastern U.S. railroad CSX Corporation (NYSE:CSX) (Jacksonville, Florida) is targeting $2.5 billion in capital expenditures (capex) for 2015, a $200 million increase over its target a year earlier, company executives said Wednesday during the fourth-quarter earnings conference call. CSX reported its fourth-quarter 2014 earnings rose 15% from a year earlier to $491 million. Industrial Info is tracking 42 active CSX projects worth $2.76 billion.

Within this article: Details of fourth-quarter and full year earnings for CSX