{"id":37610,"date":"2015-02-09T10:54:37","date_gmt":"2015-02-09T15:54:37","guid":{"rendered":"http:\/\/smart-union.dev\/news\/railroads-reap-record-profits-despite-decline-in-traffic\/"},"modified":"2015-02-09T10:54:37","modified_gmt":"2015-02-09T15:54:37","slug":"railroads-reap-record-profits-despite-decline-in-traffic","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/","title":{"rendered":"Railroads reap record profits despite decline in traffic","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignleft size-full wp-image-1397\" style=\"border: 1px solid black;margin: 4px 12px\" alt=\"railyard, train yard; trains\" src=\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2010\/12\/railyard2.jpg\" width=\"130\" height=\"103\" \/>The nation\u2019s four major railroads are still carrying less freight than they were before the recession. But the last decade has been an exhilarating ride for them nonetheless \u2014 an era of growing profits, soaring stock prices and ambitious investments.<\/p>\n<p>For Jacksonville-based CSX Corp., freight volume has dropped 7 percent since 2004. Meanwhile, its shares have climbed to $35 from less than $6, and its net income has risen 450 percent, to almost $1.9 billion in 2013, according to SEC filings.<\/p>\n<p>Read more from <a href=\"http:\/\/jacksonville.com\/news\/metro\/2015-02-08\/story\/rail-renaissance-railroads-reap-record-profits-despite-decline-traffic\" target=\"_blank\" rel=\"noopener\">The Florida Times-Union<\/a>.\u00a0<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>The nation\u2019s four major railroads are still carrying less freight than they were before the recession. But the last decade has been an exhilarating ride for them nonetheless \u2014 an era of growing profits, soaring stock prices and ambitious investments. For Jacksonville-based CSX Corp., freight volume has dropped 7 percent since 2004. Meanwhile, its shares [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":20282,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[9],"tags":[87,88,575,181,2625,732,185],"member_types":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Railroads reap record profits despite decline in traffic - SMART Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Railroads reap record profits despite decline in traffic - SMART Union\" \/>\n<meta property=\"og:description\" content=\"The nation\u2019s four major railroads are still carrying less freight than they were before the recession. But the last decade has been an exhilarating ride for them nonetheless \u2014 an era of growing profits, soaring stock prices and ambitious investments. For Jacksonville-based CSX Corp., freight volume has dropped 7 percent since 2004. Meanwhile, its shares [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\" \/>\n<meta property=\"og:site_name\" content=\"SMART Union\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-09T15:54:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2010\/12\/railyard2.jpg\" \/>\n<meta name=\"author\" content=\"matrixsuperadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"matrixsuperadmin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\"},\"author\":{\"name\":\"matrixsuperadmin\",\"@id\":\"https:\/\/www.smart-union.org\/#\/schema\/person\/d3200710f935a18241b2c09a2416601f\"},\"headline\":\"Railroads reap record profits despite decline in traffic\",\"datePublished\":\"2015-02-09T15:54:37+00:00\",\"dateModified\":\"2015-02-09T15:54:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/www.smart-union.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2010\/12\/railyard2.jpg\",\"keywords\":[\"BNSF\",\"CSX\",\"freight\",\"Norfolk Southern\",\"rail renaissance\",\"record profits\",\"Union Pacific\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\",\"url\":\"https:\/\/www.smart-union.org\/railroads-reap-record-profits-despite-decline-in-traffic\/\",\"name\":\"Railroads reap record profits despite decline in traffic - 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