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CSX railroad profit falls 24% as it delivered 2% fewer shipments in the third quarter
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FILE - In this Thursday, July 12, 2012, photo, a rail yard worker climbs off a switching engine at the CSX facility in Boston. CSX Corp. reports earnings on Thursday, Oct. 19, 2023. - photo by AP Photo/Charles Krupa, File
OMAHA, Neb. (AP) — CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight. The Jacksonville, Florida-based railroad said it earned $846 million, or 42 cents per share, in the quarter.