J.B. Hunt Transportreorted better than expected Q3 earnings before the bell Friday. $JBHT grew it’s revenues across all its segments despite labor challenges. With companies desperate to return to normal from the supply crunch freight demand has been accelerating.
CSX Railroad Earnings Boost From Feed Grain, Oils, Ethanol and Construction Shipments
Railway giant CSX Corp delivered better than expected Q3 earnings, though earnings fell 4% as weakness in coal and intermodal dragged revenues lower. $CSX train velocity improved 13% to record levels while car dwell remained relatively stable near record levels.
CSX Railroad Earnings Lower as Intermodal Volume Decreased
Railway giant CSX Corp delivered worse than expected Q2 earnings. Favorable mix and pricing gains across most markets were more than offset by intermodal volume decreases and lower other revenue. $CSX was down over 6% on the release
CSX Railroad Earnings Beat With Record Operating Ratio
Railway giant CSX Corp delivered better than expected Q3 earnings. $CSX achieved a record operating rartio with increases in fuel recovery, price rises and volume growth in most markets. Railway companies Canadian Pacific $CP and Kansas City Southern $KSU report later this week.
CSX Delivers Strong Railroad Earnings With Coal Volumes Rising
Railway giant CSX Corp delivered better than expected Q2 earnings. Coal volumes were 7% higher. Increases in fuel recovery, price rises and volume growth in most markets, helped $CSX. Railway companies Canadian Pacific $CP and Kansas City Southern $KSU report later this week.