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Coal is still the story at CSX

2015-10-19 18:20:38| Railroads - Topix.net

When we talked to CEO Michael Ward about CSX Corp.'s third-quarter earnings last week, we skipped over the state of coal shipments because, frankly, that's all anybody seems to talk about with CSX and it's getting old. The outlook for coal remains 'bleak,' which seems to be the 'new normal' for CSX, RBC Capital Markets analyst Walter Spracklin said in a research note after the company's earnings report.

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