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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CSX Corporation | NASDAQ:CSX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.38 | 1.13% | 33.95 | 33.86 | 33.95 | 33.97 | 33.66 | 33.82 | 6,631,504 | 00:31:53 |
From May 2019 to May 2024
By Mary de Wet
CSX Corp. (CSX), a freight rail operator, saw its full-year merchandise volume fall 4% while its profit for the year rose 1%. Here's what the company had to say about the commodities it carried.
Coal
"Domestic coal declined primarily due to lower shipments of utility coal as a result of continued competition from natural gas. Export coal declined due to lower international shipments of both thermal and metallurgical coal as global benchmark prices declined," the company said.
CSX's total coal volume fell 6% in 2019 to 94.8 million tons.
Ethanol
CSX's agricultural and food product shipment volume for the full year rose 5% to 469,000 units. The company said the increase was mainly due to gains in ethanol, as well as sweeteners and oils.
Metals
The company saw reduced metals shipments, primarily in the steel, construction and scrap markets. As a result, its metals and equipment volume fell 7% for the year to 248,000 units.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
January 16, 2020 17:05 ET (22:05 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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