Finance : Canadian National Grain Shipments Return To Pre-Strike Levels

Canadian National (NYSE: CNI) announced that its shipments of grain are moving at a pace similar to that experienced before some of its workers walked out. Approximately 3,200 of the railroad's conductors, trainspersons and yard workers went on an eight-day strike in November. CN's new 2019 guidance calls for EPS to increase in the low- to mid-single-digit range, compared to the company's prior expectation of high single-digit growth.

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December 13, 2019 at 01:47AM