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CSX Railway Sees Second-Quarter Profit Hike, Seeks to Restore Service Levels, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 07/17/14 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Reporting a 1.5% increase in second-quarter net earnings from a year earlier, eastern U.S. railway CSX Corporation (NYSE:CSX) (Jacksonville, Florida) plans to spend an additional $100 million this year on infrastructure and locomotives, and to improve lagging customer service, company executives said Wednesday. Industrial Info is tracking 64 CSX projects with a combined investment value of $4 billion.

Within this article: Details on CSX's Virginia Avenue Tunnel reconstruction project in Washington, D.C. and North Baltimore terminal expansion in Ohio.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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