Coal Shipments Give Boost to CSX, Union Pacific Income

SUGAR LAND--July 21, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Although all signs point to domestic coal use in the U.S. declining, coal shipments, especially for export, continue benefitting railroads, including CSX Corporation (NASDAQ:CSX) (Jacksonville, Florida) and Union Pacific Corporation (NYSE:UNP) (Omaha, Nebraska). Both companies reported increased year-over-year coal-shipment income, which helped boost second-quarter income from last year. Industrial Info is tracking more than $1.3 billion in projects involving CSX and Union Pacific.

Within this article: Details of CSX's and Union Pacific's quarterly performance, as well as projects of both companies