Eastern Railroad Discussion > CN sets record operating ratio...

CN sets operating ratio record of 57.4 in third quarter
MONTREAL, Quebec - Canadian National Railway Co. posted its lowest-ever quarterly operating ratio in the third quarter at 57.4. CN was the only Class I to attain a ratio below 60 and improved its quarterly ratio 5.9 points compared with third-quarter 2005. Revenue totaling $1.8 billion increased nine percent, operating income totaling $751 million rose 27 percent, and net income totaling $443 million went up 21 percent. In addition, freight volume rose 6 percent, carloadings went up 2 percent and revenue ton-miles increased 6 percent.


Way to go, EHH.

Pepperidge

So how did they accomplish this---by sqeezing blood out of a turnip or did they have very little terminal operations?

I'm not saying that it can't be done legitimately but as someone with some background in operations I'd like to know. And if they made an accounting adjustment,that realistically can't included in the the operating ratio. (I've actually seen that.)

OK, let the flaming begin. I'm cold today. LOL

wabash2800 Wrote:
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> So how did they accomplish this---by sqeezing
> blood out of a turnip or did they have very little
> terminal operations?
>
> I'm not saying that it can't be done legitimately
> but as someone with some background in operations
> I'd like to know. And if they made an accounting
> adjustment,that realistically can'te included in
> the the operating ratio.
>
> OK, let the flaming begin. I'm cold today. LOL

As an "insider" I can verify the turnip was very much involved!!

Calling us Turnips would be an improvement.

cnhog Wrote:
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> Calling us Turnips would be an improvement.

The beatings will continue until morale improves!!

The beatings will continue until morale improves!!

Oh Yeah! Only seven and a half yeaars to go until freedom 55!If I last.

Has this been a transformation from Bob and Doug Mackenzie to Dudley Dooright?

Gateway97 Wrote:
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> Has this been a transformation from Bob and Doug
> Mackenzie to Dudley Dooright?

Huh?

When in doubt, invent your own numbers.