CN and CP announce second quarter results

CN and CP announce second quarter results

Both of Canada’s major railways announced second quarter results for the period ended June 30, and both produced great “comeback” results, particularly CP. At CP, quarterly revenues rose 14.6 per cent, while CN’s revenues rose 12 per cent. However, while CN’s...

CN and CP announce third quarter results

North America’s railway industry collectively suffered the impacts of economic disruptions as a result of Covid-19, and Canada’s railways did not escape the hurt. For CN, revenue tonne miles in all categories were lower, except in grains and intermodal. Grain traffic,...