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0.000275103163686328 0 0.000412654745529589 0.00096286107290244 0.00152682255845948 0.00137551581843183 -0.000481430536451122 -0.000275103163686328
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UPDATE 1-CN Rail apologizes for Western Canada grain backlog, vows improvement [Reuters]

CANADIAN NATIONAL RAILWAY (CNI)  More Company Research Source: Reuters
Last canadian national railway earnings: 7/24 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
PDF UPDATE 1-CN Rail apologizes for Western Canada grain backlog, vows improvement | Reuters Reuters Staff 3 Min Read (Adds comments from farmer, grain handler group, CP) By Yashaswini Swamynathan and Rod Nickel March 7 (Reuters) - Canadian National Railway Co apologized on Wednesday for delays moving Western Canadian grain and its new interim chief executive said the company would spend more than C$250 million ($193 million) this year to improve its infrastructure. CN Rail has struggled with capacity constraints amid growing demand to ship Western Canadian grain. Transport problems, affecting both CN and smaller rival Canadian Pacific Railway Ltd, have left rural grain storage sites brimming with grain as they wait for trains. Farmers say they are unable to sell as much of last year’s crops as they want, crimping cash flow ahead of planting in the world’s largest canola-exporting country. Transport problems extend to railroads and trucks in the United States as well. Railways have blamed [Read more]

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