The lack of crew members combined with increased demand in North america has impacted train speed, said The Financial Post. In early 2016, CN said that it’s workforce had decreased by 9 percent or 2,300 in 2015, with about 1,150 employees laid off by the end of the year.
“Operating crews have proven to be our biggest challenge,” CN Chief Operating Officer Mike Cory said during a conference call about third-quarter financial results. “Fluidity of trains and resulting operating profits are impossible without the appropriate staffing.”
He noted that hiring will occur mostly in Saskatchewan, Alberta and British Columbia.
“What we’re doing now is really catching up in some areas where we got a little surprised by the return rate from people laid off,” said Cory.
CN expects to have 250 people hired and trained in the fourth quarter and another 400 in the first quarter of 2018, the conference call revealed. The railway had on average 23,183 employees at the end of the third quarter, including 16,346 in Canada and 7,082 in the United States, said The Financial Post.
Despite a slight drop in net income, CN’s latest financial statements showed improvement in volumes and revenues the third quarter of 2017, with most individual commodities revenues increasing for the Montreal-based Class I railroad.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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