Wildfires and labour woes singe CN Rail profits in 'challenging' economy: CEO
- CN Rail's third-quarter profits decreased by two percent year-over-year due to higher costs from wildfires and a work stoppage, executives stated.
- The Alberta wildfires halted train operations for two days, impacting freight flow.
- Executives noted that the labor situation and a softer macro environment affected business demand this quarter.
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Total News Sources0
Leaning Left5Leaning Right0Center4Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 44%
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