CN Rail Sees Potential '19 Freight High on Oil, Grain
- Potash, petrochemicals will also help outweigh slowing lumber
- Western Canada again will be the focus for adding new track
Photographer: Brent Lewin/Bloomberg
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Canadian National Railway Co. expects increased shipping demand for grain, potash and energy products to extend this year’s volume gains into 2019.
“All in, 2019 has the potential to be a record year’’ for the company’s freight volumes, Chief Executive Officer Jean-Jacques Ruest said Thursday. “There is freight out there in the Canadian economy to be moved, especially in the space of natural resources.’’