CN Rail CEO says it won’t be able to ‘pick up the slack’ if CP workers strike [Business News Network (BNN) Energy & Resources (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Business News Network
CN Rail CEO says it won’t be able to ‘pick up the slack’ if CP workers strike The CEO of Canadian National Railway Co. says the country’s largest railroad would not be able to pick up much of the slack if a labour dispute at rival Canadian Pacific Railway leads to a strike. Jean-Jacques Ruest, interim president and CEO of CN Rail, spoke to BNN on the sidelines of its annual shareholder meeting in Toronto on Tuesday and said that “booming” business stemming from western Canada has caught the company by surprise. “Right now the capacity we have is by and large spoken for, so we wouldn’t be much of a factor to be able to pick up the slack if there was going to be a [CP Rail] labour disruption,” Ruest said. “Having good labour relations is extremely key to [a] company keeping all its supply chains in check,” he added. Ruest’s comments come after a strike by CP Rail workers was temporarily averted after the federal labour minister ordered employees to vote on the company’s final offers jus
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CNI
Earnings
- 1/23/24 - Beat
CNI
Sec Filings
- 4/8/24 - Form 6-K
- 4/5/24 - Form EFFECT
- 4/2/24 - Form 6-K
- CNI's page on the SEC website