The Class I railroads are considering retaining some of the measures they implemented to scale down operations as a result of the coronavirus pandemic, according to comments some executives have made at recent industry conferences.
“I’m very confident that as we do add back resources, we will not add them back on a one-to-one basis,” said CN (NYSE: CNI) Chief Financial Officer Ghislain Houle at the Deutsche Bank 11th Annual Virtual Global Industrials & Materials Summit on June 9.
Houle was...
https://www.freightwaves.com/news/class-1-railroads-may-make-some-cost-cutting-measures-permanent