There were mixed fortunes for North American railroads in the first half, those north of the US border faring better in a hostile market than their southern neighbours.
First-half revenues for Canadian National showed substantial intermodal gains, and chief executive JJ Ruest noted the role of TransX’s integration in this success.
“We continue to work on cross-polymerisation opportunities between CN and TransX,” he told investors.
“These efforts are also translating into new business, …

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Source: The Loadstar