(Source: Associated Press, October 16, 2019)
JACKSONVILLE, Fla. — CSX’s profit declined 4% in the third quarter, but tight cost controls helped the railroad weather a 5% decline in volume. The Jacksonville, Florida, based railroad said it earned $856 million, or $1.08 per share, during the quarter. That was down from last year’s $894 million, or $1.05 per share.
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