Canadian National Railway Company (NYSE:CNI), Canadian Pacific Railway Limited (NYSE:CP) - 5 Takeaways From Class I Railroads' Earnings Season
Share: The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives. "The underlying message is there are expectations that the efficiency improvements are going to continue and they'll be able to leverage the improvements in volumes throughout the course of the year and be able to look at ...