The driver shortage, which some observers say has exacerbated by the U.S. and Canadian vaccine mandates restricting truck drivers’ cross-border movement, will benefit CN as current and prospective customers seek rail as a freight alternative to trucking, executives said during a call with investors late Tuesday afternoon to discuss fourth-quarter 2021 financial results.
“The driver shortages and the lack of truck capacity are things that are boding well for us to pick up some volume” as the...