CSX Earnings Drop Amid One-Time Charges and Weak Coal Demand
On October 16, 2025, CSX released its third-quarter results and sent a jolt through the markets. Revenue slipped to about $3.59 billion, down nearly 1 % year over year. Net earnings dropped by around 22 %, hit in part by a $164 million goodwill impairment tied to its trucking arm. At the same time, coal…