Railroad company CSX reports 20% fall in Q2 profit
Submitted by Dominic Haber on Tue, 07/14/2009 - 08:25As a result of dropped shipments and fewer fuel surcharges collected, railroad company CSX has reported a 20 percent fall in its second-quarter profit, with revenue and margins having declined. Nonetheless, the results still surpassed the Wall Street expectations, as the company cut costs by 27 percent.











