CSX predicts flat 4Q volume on weak coal demand

Published October 17, 2012 6:14pm ET



OMAHA, Neb. (AP) — Railroad operator CSX predicts its shipping volume will be relatively flat in the fourth quarter because demand for coal remains weak and the economy is growing slowly.

The company said that it expects coal demand from domestic utilities to remain weak into next year and export coal shipments will decline in the fourth quarter.

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