Railroad giant CSX Corp. on Thursday said it expected the subdued shipping trends it saw in the third quarter to continue for the rest of the year, as retailers stay cautious on the items they get shipped to their warehouses and stores.
Executives made those remarks to discuss mixed third-quarter results for the company, whose rail lines cover much of the eastern U.S. And they follow what one analyst said were “low expectations” for the rail industry, as higher prices for essential goods leave less room for consumer spending…
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