Canadian railways ration space as commodity congestion problems worsen [Reuters]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Reuters
Canadian railways ration space as commodity congestion problems worsen | Reuters 5 Min Read WINNIPEG, Manitoba, Jan 21 (Reuters) - Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation into rail services around Port Metro Vancouver, after shippers complained of “discriminatory treatment of certain commodities” by Canadian National Railway (CN) and Canadian Pacific Railway (CP). Canada is a top shipper of crops, fertilizer, oil and pulp, but has in recent years needed government intervention to keep commodities moving, from ordering railways to clear grain backlogs to Alberta’s crude oil curtailments this month due to full pipelines. Free-trade deals with the European Union and Pacific Nations are boosting
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CNI
News
- CN Announces Remi G. Lalonde as Chief Commercial OfficerGlobeNewswire
- What's in Store for Canadian National (CNI) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Bill Gates Is Raking In Over $1.26 Million Per Day In Dividend Income. Here Are The 5 Stocks Paying Him The Most [Yahoo! Finance]Yahoo! Finance
- Canadian National Railway (NYSE: CNI) had its price target raised by analysts at Stifel Nicolaus from $121.00 to $134.00. They now have a "hold" rating on the stock.MarketBeat
- Canadian National Railway (NYSE: CNI) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
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