CSX 1Q profit dips 8% but railroad sees economy growing

FILE - In this Feb. 12, 2018, file photo a CSX freight train passes through Homestead, Pa. CSX Corp. said its first-quarter profit declined 8% as expenses increased, but the railroad said it expects the economy to strengthen further over the rest of the year. The Jacksonville, Florida-based company said Tuesday, April 20, 2021, that it earned $706 million, or 93 cents per share, during the quarter. (AP Photo/Gene J. Puskar, File)