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CSX Reports Revenue Decline Amid Leadership Changes and Shutdown Delays

10/18/2025

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Story summary
  • CSX Corp released its third-quarter Form 10-Q, reporting total revenue of $3,587 million.
  • Operating income declined 20% to $1,087 million, due to a $164 million goodwill impairment.
  • Net earnings declined 22% to $694 million, with diluted EPS at $0.37.
  • CSX aims to enhance service under new CEO Stephen F. Angel.
  • In Kansas, the labor department announced delays in monthly job reports due to the federal government shutdown.