third quarter 2021

In a quarterly earnings call, outgoing CEO JJ Ruest insists CN’s board of directors will conduct an extensive search for his successor. An activist investor is seeking to install its own CEO choice.

The railroad won’t give new guidance because of uncertainties surrounding chip shortages and events in Mexico creating limited visibility.

Railcar manufacturer Greenbrier sees near-term support for new railcars, as well as longer-term support as companies focus on decarbonizing their operations.