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CSX Reports Record Third Quarter Revenue and Operating Margin Expansion

The Motley Fool +1 ·

CSX CSX Corp
$48.40 +0.67%
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  1. 1CSX Corporation recorded a 5% growth rate in CSX freight volume for the third quarter.
  2. 2CSX achieved an operating margin of 39.1% in the third quarter.
  3. 3Mike Korrie recently announced his retirement.

So what's the key point?

The amount of goods CSX transported increased by 5% and the company also earned significant profits. This means the company is making money well.

Source The Motley Fool +1 · View original ↗

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