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Train profits derailed (December 01, 2001)

MONTREAL, Que. - Canada's leading rail freight movers are showing signs of the economic slowdown as lower traffic levels begin to eat into their revenues.Canadian Pacific Railway warned investors it e...


ON A RAIL: Numbers sliding.
ON A RAIL: Numbers sliding.

MONTREAL, Que. – Canada’s leading rail freight movers are showing signs of the economic slowdown as lower traffic levels begin to eat into their revenues.

Canadian Pacific Railway warned investors it expects lower profits for this quarter, at the same time Canadian National Railway announced it will maintain profits, but not without more cuts.


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Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
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