Railroads’ Earnings Turmoil Deepens as Trucks Poach Freight – Bloomberg


Bloomberg

Railroads' Earnings Turmoil Deepens as Trucks Poach Freight
Bloomberg
CSX Corp., the first major North American railroad to post quarterly results, said earnings fell 10 percent as the decline in intermodal traffic compounded a commodities slump. Container volume for the industry dropped 5.3 percent while all traffic
Analysts Upgrade of the Day: Norfolk Southern Corp. (NYSE:NSC)Review Fortune

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