July 24, 2014

CN, CP, CSX, KCS, NS, UP report 2011 earnings

CANADIAN NATIONAL Canadian National reported a 9 percent increase in profit for calendar-year 2011 versus calendar-year 2010. The CN calendar-year operating ratio of 63.5 percent was a slight improvement over the 63.6 percent operating ratio for calendar-year 2010. Operating ratio is a railroad’s operating expenses expressed as a percentage of operating revenue, and is considered [...]