Canadian National Railway Co. said profits jumped 30% in the quarter ended June 30. Read more
The country’s largest railroad said profits jumped 30 per cent in the quarter ended June 30, as higher fuel surcharges and freight rates allowed the company to offset surging inflation. CNthat it booked net income of $1.3 billion in the quarter, on revenue of $4.3 billion.
to his clients, citing CN’s ability to “price above inflation” as one of the reasons they think the CEO Tracy Robinson will outperform her outlook for 2022.Article content CN said it’s expecting the coming grain harvest from the Prairies to be above the three-year average, or at least “in line” with that average when you exclude the impact last year’s significantly lower volumes.Article content
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CN Railway profits jump 30% on higher fuel surcharges and freight ratesCanadian National Railway Co. said it booked net income of $1.3 billion in the quarter ended June 30, on revenues of $4.3 billion. Read more
Read more »
CN Railway profits jump 30% on higher fuel surcharges and freight ratesCanadian National Railway Co. said it booked net income of $1.3 billion in the quarter ended June 30, on revenues of $4.3 billion. Read more
Read more »
CN Rail reports record second-quarter revenues despite higher transporting cost - National | Globalnews.caNet income jumped 28 per cent or $289 million to $1.33 billion in the quarter ended June 30 versus the same period last year, the Canadian National Railway Co. said Tuesday.
Read more »
The Daily Chase: CN Rail flexes pricing power; Awaiting U.S. Fed rate decision - BNN Bloomberg🚂CN Rail reports record high revenue ‼️ Loblaw posts Q2 profit increase ⌛️Awaiting U.S. Fed rate decision Here's what you need to know today:
Read more »
CN Rail hits record second-quarter revenues, waves off recession worriesDespite recession hurdles on the horizon, Canadian National Railway Co. says the tracks are clear for a smooth year after reporting record second-quarter revenues alongside profits that surged past expectations due largely to a spike in crude oil and container sales.
Read more »
CN Rail boosts freight prices and beats analyst forecasts - BNN BloombergCN Rail reported earnings that easily beat analysts’ forecasts as strong volumes allowed the railroad to increase prices and fuel surcharges to offset rising costs.
Read more »