CN Rail CEO says U.S. railways must avoid a strike as the North American supply system is facing unprecedented harvest demand. Read on
Tracy Robinson, chief executive of Canadian National Railway Co., said her company has contingency plans in the event that negotiations between the major American railroads and unions break down, resulting in a strike as early as Friday.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“We’re going to have record demand, I think, for the rest of the year — particularly in the western part of the network. So we’re ready for it,” Robinson said. “But the one thing, of course, that we need to make sure we get done is we need to fix this labour situation down here in the United States. It’s a critical one for all of us. We are hard at it. We’re very intent.
CN expects it will need rail cars to move up to 27 million metric tonnes worth of grain in the coming year in Canada alone — well above the paltry 18 million metric tonnes it moved following last year’s drought in the Prairies, according to the company’s
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