SA: US CFOs’ top priority is cost-cutting amid economic uncertainty, survey finds
SEEKING ALPHA reports: With economic and geopolitical uncertainty lingering, finance chiefs in the U.S. have directed ...
SEEKING ALPHA reports:
The company’s operating ratio fell 80 bps during the quarter to set a Q1 record of 58.7%.
Revenue for the quarter was down 5% as growth in merchandise revenue was more than offset by declines in coal and other revenue. Expenses were down 7% as efficiency gains continued.
– To read the full post, please click here.
– The Form 8-K is here.
– The earnings call presentation can be found here.
– You may also want to read this: “CSX EPS beats by $0.06, misses on revenue“.
– And this: “CSX 1Q profit drops 8%, railroad withdraws outlook for year“.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Flexport's newly liveried aircraft ready as business looks up
Don't chase that final dollar, warning to shippers delaying signing new contracts
Comment on this article