CSX Earnings Preview: Weak Coal Volumes, Fuel Surcharge Revenue To Weigh On Results

CSX will be releasing its second quarter results on July 14. We expect the railroad operator to report flat earnings, as weakness across most commodities carloads and declining fuel surcharge revenues weigh in on its top line. CSX's carload report for the quarter to date ending June 28 reveals that its total carload traffic, which includes intermodal volumes, declined 1% year-on-year. CSX will also be suffering due to a difficult comparison with the previous year's second quarter, which benefite...