(Source: Supply Chain Dive, May 1, 2019)
WASHINGTON, D.C. — Future acquisitions by Canadian National Railway (CN) could come in the form of any company that brings more volume to the railroad, CN CEO JJ Ruest said on an earnings call Monday. One of the major benefits to the TransX acquisition was the “entrepreneurial shift” in thinking the team brought to the railroad, Ruest said. As one of the oldest trucking companies in Canada, TransX is far from a startup, but Ruest said the more agile way of thinking will benefit the railroad before cost synergies set in.
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