Service improvement in the spotlight as CSX and Union Pacific kick off rail earnings

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Railroad earnings reporting season kicked off this week with CSX Corp. and Union Pacific Corp. both beating Wall Street’s top and bottom line estimates Thursday.

CSX’s CSX stock rose 3.4% Friday, while Union Pacific’s UNP stock fell 2.1%. The S&P 500 Index SPX rose 0.01%.

Analysts praised CSX’s operating performance, which was boosted by price…

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