(Source: Trefis, May 29, 2015)
NEW YORK — Prices of coal and fuel have been fluctuating for quite some time now. For railroad operator CSX, the price movements of these commodities have a significant impact on its income statement. Coal is the single largest revenue generating commodity for CSX, while fuel is one the most important operating expenses. In this article, we take a look at how CSX’s business has been impacted by the change in prices of these commodities and what might be in store in the near term.
Full story: Forbes