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Class I railroads release 4th quarter earnings
CSX Corporation announced its fourth quarter and full-year earnings for 2013 Jan. 15. The railroad reported net earnings of $426 million or $0.42 per share for the fourth quarter. These earnings were...
View ArticleClass I employment flat in 4th quarter
The U.S. Class I workforce expanded slightly in November, then contracted a bit in December, according to employment data recently compiled and released by the Surface Transportation Board (STB). As of...
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Class I railroads report first quarter earnings
CSX reported to the public its first quarter 2014 earnings and dividend increase. The railroad announced net earnings of $398 million or $.040 per share. This is a decrease from last year’s first...
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Second quarter financial results in for Class I railroads
CSX Corporation announced all-time record quarterly financial results for the second quarter of 2015. Operating income for the railroad came in at more than $1 billion for the first time in company...
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