(Bloomberg News circualted the following on June 15, 2011.)
NEW YORK — Canada’s two biggest railways are under pressure from government and customers to reduce delays, with investors profiting from Canadian National Railway Co.’s performance and losing on Canadian Pacific Railway Ltd.
Sixty-two percent of shippers said they lost money because of late trains in 2009, according to a March government report on the industry.
Full story: www.bloomberg.com