|Bid||72.35 x 700|
|Ask||72.37 x 600|
|Day's Range||72.20 - 73.10|
|52 Week Range||71.42 - 85.73|
|PE Ratio (TTM)||13.07|
|Forward Dividend & Yield||1.41 (1.92%)|
|1y Target Est||81.63|
MONTREAL, March 22, 2018-- CN and the Teamsters Canada Rail Conference announced today that the parties have reached a tentative agreement to renew the labour contract for approximately 1,700 CN locomotive ...
US Class I railroads’ (XLI) intermodal segments compete directly with trucking (WERN) companies. In the last two years, shippers have been shying away from the rail intermodal for their shipping needs. During those times, shippers prefer trucking companies for medium to long-haul freight services.
2016 and 2017 were particularly bad for coal traffic due to the strength in the US dollar, international markets flooded with coal, and most importantly, low natural gas prices. The natural gas prices were low due to a slump in crude oil prices, which led to a switch to natural-gas-fired power plants from coal-fired power plants. Canadian Pacific Railway (CP) earned 9.9% of revenues from its coal business, whereas the commodity’s share in total carloads was 11.6% in 2017.
The Zacks Analyst Blog Highlights: Apple, Adobe, Canadian National, Kellogg and Delta Air Lines
Problems at the railroad are triggering widespread delays in deliveries of grain, fracking sand, crude oil and other goods.
Canadian National Railway Co.’s new boss is speeding up spending plans for new track and drivers as the carrier faces mounting pressure from customers to fix capacity shortages.
NEW YORK, March 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Let’s talk about the popular Canadian National Railway Company (TSX:CNR). The company’s shares received a lot of attention from a substantial price movement on the TSX in the over theRead More...
Canadian National Railway (CNI) is considered by some as the best-run North American rail carrier in the last ten years. As a result, customers’ inventories piled up and created bottlenecks at CNI’s rail terminals. To add fuel to the fire, on March 7, 2018, its competitor Canadian Pacific Railway (CP) published a press release that said its network fluidity was rising every day.
The following are the top stories from selected Canadian newspapers. ** Canada's central bank has put interest rate hikes on hold as it weighs the fallout from a slowdown in household borrowing and looming U.S. tariffs on steel and aluminum. As widely expected, the Bank of Canada kept its key interest rate unchanged at 1.25 percent on Wednesday.
Canadian Pacific Railway (CP) is Canada’s second-largest railroad after Canadian National Railway (CNI). In Week 8, which ended February 24, 2018, CP posted a 5.1% loss in its carload traffic. Compared with rival CNI’s carload loss, CP’s loss was higher in the eighth week of 2018.