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