US EditionCPKC CEO forecasts ‘exceptional growth’ in trade, despite tariff threat
- Tracy Robinson, CEO of Canadian National Railway Co., expressed optimism about trade growth despite potential tariffs from the U.S. President, stating, 'While there may be some impact, it won't be so significant or prolonged as to cause a recession in Canada or significant inflationary impacts in the U.S.'
- Canadian National Railway Co. Reported a profit of $1.15 billion for the last quarter of 2024, a 46% drop from the previous year, with revenue falling 3% to $4.36 billion due to disruptions and lower consumer demand.
- The company forecasts a 10% to 15% increase in adjusted diluted earnings per share for 2025 and plans a capital investment of $3.4 billion, along with a 5% dividend increase.
42 Articles
42 Articles
CN can withstand Trump tariff threats, CEO says — but analysts stress uncertainty
After a tough 2024 that saw profits drop 21 per cent, the head of Canadian National Railway Co. said the new year is looking brighter — even if U.S. President Donald Trump follows through on his tariff threat. "While there may be some impact, it won't be so significant or prolonged as...
Canadian Pacific CEO Forecasts ‘Exceptional Growth’ in Trade, Despite Tariff Threat
Economic dependence between Canada, the United States and Mexico is too strong for tariffs to kneecap trade, says the head of Canadian Pacific Kanas City Ltd. “How many engines and transmissions are built in the U.S. that go to Mexico so they can produce the vehicle that comes back to the U.S.,” CEO Keith Creel said Wednesday, pointing to the auto sector. “The fact is we’ve got 75 percent of production capacity in the U.S. and 25 percent that’s …
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