SEC investigates CSX's accounting
US railroad CSX disclosed today in a 10-Q filing lodged with the Securities and Exchange ...
Photo: © Tony Dezenzio
North American intermodal operators are continuing to make volume gains, but are showing mixed results when it comes to revenue.
At CSX, full-year income and revenue per unit (RPU) year on year fell 1%, to $2.04bn, and 5%, to $708, respectively, said chief commercial officer Kevin Boone as he addressed investors, and pointed to ground gained in terms of volumes.
“We continue to compete and win intermodal business,” he said, and noted volume growth in all ...
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