CN Sensation

Railroad Weekly Oct. 31, 2022

Inside This Issue

·   National’s Sensational: CN Delivers Another Great Profit

·   Second Half Heft: CP’s Getting Busier as the New Year Approaches   

·   Norfolk Choke: NS Slips to Last Place in Class I O.R. Rankings  

·   Box in the Henhouse? Just How Much Is Intermodal Slowing?

·   Upon Further Rejection: Another Union No Vote; Strike Fears Reawakened

·   Economy Cooling: Will Shippers Stop Shipping?

·   The Utilization Situation: Railcar Storage Rates Declining

·   Making Money in Mexico: Ferromex Reports Q3 Results   

Track Talk

“We know how long it takes to train and hire an employee… We have to make sure we manage through downturns in such a way that we’re in a good place to handle the upturns.”

-Norfolk Southern COO Cindy Sanborn, asked about managing headcount in the event of a recession