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CN & CP: Rail Situation To Improve As Weather Warms

: Transport

CN and CP Say Service Will Improve as Frigid Winter Weather Subsides 2018-02-26

Canada’s two largest railways vowed to improve their service levels over the coming months as they escape the grip of a tough winter that hampered their ability to transport goods.
During separate presentations to a transportation conference, Canadian National Railway chief financial officer Ghislain Houle and CP Rail chief executive Keith Creel told investors that heavy snow in Western Canada and frigid temperatures had a big impact, especially compared with last year’s milder conditions.
Houle said CN’s operations were restricted during three quarters of its days of operation in the first quarter that reduced its capacity by cutting train lengths by more than half. That meant moving the same volume with more trains.
Weather conditions have improved in the last six days and operating metrics like velocity and locomotive utilization are up so far in February by 3 to 10 percent, said Houle.
Houle also said the Montreal-based railway is hiring 350 to 400 conductors this quarter and adding locomotives as part of its $3.2-billion infrastructure spending this year.
From an article by Materials Management & Distribution.

Source: CIFFA


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