CSX reported a 2% drop in profit in the fourth quarter due to weak demand and severance costs. The railroad earned $720 million, or 39 cents per share, down from $733 million, or 38 cents per share. Revenue slipped 1% to $3.51 billion. CEO Steve Angel is focused on improving productivity while expecting only modest economic growth in 2026. CSX completed major projects to increase efficiency, including a tunnel renovation in Baltimore. The competitive landscape may shift with Union Pacific’s proposed $85 billion acquisition of Norfolk Southern. CSX and BNSF are focused on improving delivery times through cooperation.

Read more at Yahoo Finance: CSX railroad profit slips 2% as shipping demand remained weak and severance costs hurt results