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January 26, 2026

CSX railroad profit slips 2% as shipping demand remained weak

By JOSH FUNK
AP Transportation Writer

CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall.

The Jacksonville, Florida-based railroad said it earned $720 million, or 39 cents per share, in the quarter. That's down from $733 million, or 38 cents per share.


 
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