This story originally appeared on Trains.com.
CALGARY, Alberta — Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.
Quarterly operating income rose 3%, to $870 million, as revenue increased 6%, to $2.56 billion. Earnings per share increased 7%, to 65 cents. CPKC’s operating ratio increased 1.2 points, to 66.1%, as expenses rose 8% in the quarter, partly due to merger-related...
https://www.freightwaves.com/news/cpkc-earnings-grow-despite-canadian-work-stoppage