(Source: Financial Post, November 29, 2011)
OTTAWA — Despite the ongoing economic uncertainty, a new survey of shippers by shows that it is full steam ahead for North American railways heading into 2012, including both Canadian National Railway Co. and Canadian Pacific Railway Ltd. Not only do the majority of rail shippers surveyed expect higher volumes next year, but they also expect to pay a higher price for it, demonstrating demand remains strong.
Full story: Financial Post