: CSX railroad says coal revenue fell 18 percent in the fourth-quarter, but growth in intermodal and merchandise shipments nearly offset that. CSX says net income declined 3 percent to $443 million, or 43 cents per share.
BEATING THE STREET: The railroad's results beat what Wall Street expected. Analysts surveyed by FactSet had predicted earnings of 39 cents per share.
HOPEFUL HAULER: CSX Chairman, CEO and President Michael Ward said the results show the railroad can respond well to challenging conditions. He'll provide details on a conference call Wednesday morning.