• Most Popular
  • Most Shared

CSX CEO sees coal export demand strong through '09

Wed Apr 16, 2008 12:37pm EDT

Stocks

   

DETROIT, April 16 (Reuters) - Demand for U.S. coal exports should continue strong through 2009, boosting business for railroad CSX Corp (CSX.N), the company's top executive said on Wednesday.

Stocks  |  Global Markets

"Demand for export coal should remain strong at least through 2009," Chief Executive Michael Ward told Reuters in a telephone interview.

Ward said that demand for ethanol, which doubled year-over-year in the first quarter, should also remain at current high levels throughout 2008. (Reporting by Nick Carey, editing by Tim Dobbyn)

Stocks
Global Markets


More from Reuters

Photo

U.S. official admits security failed in air scare

WASHINGTON (Reuters) - The Obama administration admitted on Monday that air travel security failed when a Nigerian man with suspected ties to Islamic militants allegedly was able to smuggle explosives onto a U.S.-bound flight in an attempt to blow it up. | Video

» More Top News
Passengers queue to go through security checks at the departure gate at Gatwick Airport, in southern England December 28, 2009. REUTERS/Luke MacGregor

Travel headaches after scare

The U.S. is stepping up airline security measures following the Christmas bomb scare. Here's what you can expect.  Full Article | Video 

U.S.
A man yells at the site of suicide bomb attack on a procession of Shit'ite Muslims commemorating Ashura in Karachi December 28, 2009. Credit: REUTERS/Athar Hussain

"Worse than an infidel"

Dozens killed as suicide bomber attacks Shi'ite Muslim progression in Pakistan despite thousands of security forces on high alert.   Full Article | Video 

World