( ) -q-27- UNDATED (Correspondent Jeremy House) “to other ports.” CSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports. [CutID: <Cuts> CSX-PROFIT-house-q-TUEam.mp3 Time: 27s Title: CSX-PROFIT-house-q-TUEam Out-cue: to other ports] TAG: Correspondent Jeremy House reporting. ———————— VERBATIM: The drop came even though the […]
Audio
CSX profit slipped after the Baltimore bridge collapse
( ) -q-27- UNDATED (Correspondent Jeremy House) “to other ports.”
CSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports.
[CutID: <Cuts> CSX-PROFIT-house-q-TUEam.mp3
Time: 27s
Title: CSX-PROFIT-house-q-TUEam
Out-cue: to other ports]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: The drop came even though the volume of CSX’s shipments was up by the same rate. CSX says it earned $963 million, or 49 cents per share, in the second quarter. Baltimore is the nation’s No. 2 coal export port, so the bridge collapse that closed the port caused significant disruptions. But CSX and its competitor in the east, Norfolk Southern, quickly worked to reroute shipments to other ports.