Filed in Michael Ward

Wednesday, October 13, 2010

Building on the momentum which occurred over the first two quarters of the year, Class I railroad carrier CSX reported record third quarter results earlier today. Third quarter earnings for the Jacksonville, Fla.-based company at $414 million and $1.08 per share (beating Wall Street estimates of $1.04 per share) were up 48 percent compared to the third quarter of 2009, which had revenues of $290 million and $0.73 per share.