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CSX Corp.: The Richmond, Va.-based shipping and...

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From Times Staff and Wire Reports

CSX Corp.: The Richmond, Va.-based shipping and transportation company reported third-quarter profit of $101 million, up 7% from the third quarter last year, which included $34 million from the sale of RockResorts Inc. Revenue for this quarter was $2.1 billion, up 9% from the same period last year. The encouraging quarter reflected gains in the company’s railroad, barge and container-shipping operations.

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