(Reuters circulated the following article on July 27.)
SAN FRANCISCO — CSX Corp., the largest railroad operator in the eastern United States, reported a higher quarterly profit, helped by a robust economy in need of commodities and manufactured goods.
Earnings in the second quarter were $165 million, or 73 cents a share. A year earlier, the company reported a profit of $119 million, or 55 cents a share. Surface transportation revenue increased to $2.2 billion, the company said.