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Canadian Railroads > Highlights of the CN conference callDate: 04/26/16 07:12 Highlights of the CN conference call Author: Lackawanna484 CN held its review of business conditions and earnings. A few items in addition to the crude by rail pricing metrics:
--Mobile AL ship terminal should be ready for business in June. CN expects to be a major beneficiary of COSCO (Chinese Overseas Shipping) expansion --Prince Rupert expansion is nearly done, and should dramatically expand CN activity. At present, the majority of exports come from the US midwest. --The new natural gas plants being installed on the Gulf Coast will support a big plastics and chemicals business. CN expects to get much of that. Conference Call |