• ITVI.USA
    15,433.470
    55.400
    0.4%
  • OTLT.USA
    2.727
    -0.016
    -0.6%
  • OTRI.USA
    20.850
    0.030
    0.1%
  • OTVI.USA
    15,408.360
    58.320
    0.4%
  • TSTOPVRPM.ATLPHL
    3.280
    -0.020
    -0.6%
  • TSTOPVRPM.CHIATL
    3.190
    0.050
    1.6%
  • TSTOPVRPM.DALLAX
    1.560
    -0.030
    -1.9%
  • TSTOPVRPM.LAXDAL
    3.420
    0.090
    2.7%
  • TSTOPVRPM.PHLCHI
    2.220
    0.050
    2.3%
  • TSTOPVRPM.LAXSEA
    4.080
    0.000
    0%
  • WAIT.USA
    126.000
    1.000
    0.8%
  • ITVI.USA
    15,433.470
    55.400
    0.4%
  • OTLT.USA
    2.727
    -0.016
    -0.6%
  • OTRI.USA
    20.850
    0.030
    0.1%
  • OTVI.USA
    15,408.360
    58.320
    0.4%
  • TSTOPVRPM.ATLPHL
    3.280
    -0.020
    -0.6%
  • TSTOPVRPM.CHIATL
    3.190
    0.050
    1.6%
  • TSTOPVRPM.DALLAX
    1.560
    -0.030
    -1.9%
  • TSTOPVRPM.LAXDAL
    3.420
    0.090
    2.7%
  • TSTOPVRPM.PHLCHI
    2.220
    0.050
    2.3%
  • TSTOPVRPM.LAXSEA
    4.080
    0.000
    0%
  • WAIT.USA
    126.000
    1.000
    0.8%
American ShipperIntermodal

CSX’s 3rd-quarter profit up 33%

CSX’s 3rd-quarter profit up 33%

   Jacksonville-based CSX Corp. said Wednesday that “strong demand across all markets” helped it post a third-quarter net income of $164 million, up 33 percent from $123 million for the same period in 2004.

   CSX’s operating income for surface transportation in the third quarter was $361 million, up 46 percent compared to the $247 million posted in the prior-year quarter. On a consolidated basis, operating revenue was up 9 percent to $2.12 billion from $1.94 billion.

   CSX said the increase in revenue was helped by revenue increases in coal, coke and iron ore (up 17 percent); automotive (8 percent); merchandise (8 percent,); and intermodal (3 percent.)

   For the year to date, CSX posted a net income of $908 million, up 234 percent from $272 million after nine months in 2004. Operating income improved 67 percent to $1.13 billion from $678 million. CSX’s revenues were up 9 percent to $6.39 billion from $5.86 billion.

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