By Will Robinson, Reporter, Jacksonville Business Journal; February 8, 2018
CSX Corp. (Nasdaq: CSX) brought in $11.4 billion in revenue last year primarily from merchandise, coal and intermodal business lines, the railroad’s annual report shows.
Revenue increased $339 million year-over-year, an increase of 3 percent, while expenses increased $61 million, a 1 percent increase. The operating ratio, a major focus of the railroad’s efficiency-focused leadership, improved 1.5 percentage points to 67.9 percent, according to the report released Thursday.
Click here to read the full story.