News Formal

Canadian Pacific Kansas City reports $1.3-billion in earnings amid dip in rail demand

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CPKC reported revenues of $3.2-billion in its first results as a combined railway

reported its first financial results as a combined railway on Thursday, with revenues of $3.2-billion and profit of $1.3-billion, but signalled that its increased heft is no bulwark against economic uncertainty.

“This is about the long game, it’s not about the first quarter of a new company,” Mr. Creel said on a conference call with analysts on Thursday. John Brooks, chief marketing officer, said the port strike cost CPKC $80-million in revenue, much of which he hopes to claw back in the coming quarters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeromy Farkas returns to Pacific Crest Trail with 'unfinished business'Jeromy Farkas is back on the Pacific Crest Trail, aiming to complete a 250\u002Dkilometre section in Oregon forced closed by wildfires last year.
Source: calgaryherald - 🏆 64. / 52 Read more »

'Unfinished business': Jeromy Farkas returns to Pacific Crest TrailJeromy Farkas is back on the Pacific Crest Trail, aiming to complete a 250\u002Dkilometre section in Oregon forced closed by wildfires last year.
Source: calgarysun - 🏆 63. / 52 Read more »