CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. CSX earned $720 million, or 39 cents per share, in the quarter. That’s down from $733 million, or 38 cents per share. About $50 million in one-time costs weighed on its earnings. Without that, the numbers would have been in line with Wall Street expectations. Heading into 2026, the railroad is focused on improving productivity while limiting costs.
