CSX says '08 price rises at high end of stated range

DETROIT (Reuters) - U.S. railroad CSX Corp (CSX.N: Quote, Profile, Research) expects to raise its prices in 2008 at the high end of its previously stated range of 5 percent to 6 percent, executives said on Wednesday.

In a conference call with analysts a day after the company reported a better-than-expected first-quarter profit, executives said that the railroad's solid performance during the quarter meant price hikes would likely be at the high end of that range.

(Reporting by Nick Carey, editing by Gerald E. McCormick);