MONTREAL — Canadian National experienced a series of shocks to the system last year, and the fourth quarter was no exception: Profits and revenue declined as disruptive port work stoppages and a cold snap put a lid on traffic volumes.
“Now, 2024 was clearly not what we expected and certainly not what we planned,” CEO Tracy Robinson told investors and analysts on the railway’s earnings call Thursday. “We are happy to have it behind us. We experienced a number of one-off challenges that had some...
https://www.freightwaves.com/news/cn-profits-dip-after-fourth-quarter-port-and-weather-disruptions