CSX Updates Third Quarter and Full-Year Expectations

JACKSONVILLE, Fla., Sept. 9, 2015 /PRNewswire/ -- CSX (NYSE: CSX) Chief Sales and Marketing Officer Fredrik Eliasson, formerly the company's Chief Financial Officer, today reviewed performance to date and updated investors on the company's third quarter and full-year expectations at the Cowen and Company 8th Annual Global Transportation Conference in Boston, Massachusetts. The company delivered strong financial, service and efficiency improvements in the first six months of 2015, but expects the second half of the year to be more challenging given intensifying headwinds in its coal markets. "In the third quarter, we see strong pricing that reflects the value of our service, and we continu...

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