You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Market mover

CSX inches up on a challenging outlook

CSX Corp. expects 2013 to be another challenge, with continued weak coal demand being offset by growth in other areas like intermodal, crude oil, fertilizer, and building products. CSX reported a 3 percent decline in fourth-quarter profit as revenue fell 2 ­percent to $2.9 billion. CEO Michael Ward said some coal users will continue to shift to natural gas in 2013, and the weak global economy will hurt demand for industrial coal use.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week