CSX, Union Pacific, and Norfolk Southern hit record revenue amid rising diesel prices
UNP Union Pacific Corp
$292.87 -1.75%
View chart & analysis → - 1CSX revenue reached $4 billion, a 12% year-over-year increase in the third quarter.
- 2Union Pacific operating revenue recorded $7.2 billion, up 15%.
- 3Norfolk Southern revenue recorded $3.5 billion, up 14%.
So what's the key point?
Railroad companies including CSX saw significant revenue growth as diesel prices rose. Union Pacific set a new record with a 15% increase in revenue.
Source Sourcing Journal · View original ↗
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