News Wire: CN pledges to stay ahead of traffic growth

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Posted by Brian Schmidt on Wednesday, June 06, 2018 9:45 AM

NEW YORK CITY — Canadian National will continue to add capacity so that it can stay ahead of traffic growth, interim CEO Jean-Jacques Ruest told an investor conference last week. The $400 million in capacity projects currently underway include...

http://trn.trains.com/news/news-wire/2018/06/05-canadian-national-pledges-to-stay-ahead-of-traffic-growth

Brian Schmidt, Associate Editor Trains Magazine

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Posted by AgentKid on Thursday, June 07, 2018 2:57 PM

The idea of keeping capital expenditures to 20% of revenue may be a good idea, but they still have to come up with better information systems to predict future revenue growth, while still separating out seasonal fluctuations.

Bruce

 

So shovel the coal, let this rattler roll.

"A Train is a Place Going Somewhere"  CP Rail Public Timetable

"O. S. Irricana"

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Posted by BaltACD on Thursday, June 07, 2018 9:20 PM

AgentKid
The idea of keeping capital expenditures to 20% of revenue may be a good idea, but they still have to come up with better information systems to predict future revenue growth, while still separating out seasonal fluctuations.

Bruce

If a proper amount of 'cash' ends up on the books to finance capacity improvements - the company then becomes the target for the Mantle Ridge corporate vultures to liberate that cash into the hands of the corporate raiders.

The only reason BNSF has been able to do the capacity enhancements they have done since it was purchased by the Oricale of Omaha and thus taken private where effective managment decisions get made in the context of operating a railroad for today and tomorrow and making profits for its owner.

         

Never too old to have a happy childhood!

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