As CN (NYSE: CNI) looks ahead to the second half of 2020 and into 2021, the Canadian railway is banking on “stay-at-home consumption” and consumers’ desires to spend disposable income on do-it-yourself projects to boost CN’s intermodal activity and revenue.
“There is pent-up demand right now. We are kind of in a peak season…[with] the discretionary income of the people that are doing all this buying….The contacts that I talked to, they’re seeing it stay strong into at least in the beginning of...
https://www.freightwaves.com/news/cn-eyes-intermodal-opportunities-to-boost-2h-2020