Canadian Railroads > Highlights of the CN conference call

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