Canadian Freight Railways Ride on Second-Quarter Profit Gains, Expect Flat-to-Down Shipment Volumes for 2015

SUGAR LAND--July 22, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's two major freight railways said they achieved second-quarter profit gains despite flat-to-falling revenues, falling shipment volumes and sluggish economic growth. Industrial Info is tracking 22 active Canadian Pacific Railway Limited (NYSE:CP) projects worth $1.11 billion, and 28 active Canadian National Railway (NYSE:CNI) projects worth $1.01 billion.

Within this article: Details on the quarter and projects for Canadian Pacific and Canadian National.

Additional companies: CSX Corporation (NYSE:CSX), Kansas City Southern (NYSE:KSU).