The heads of Canada's two national railways say there's no need for "burdensome and ill-advised" new federal measures meant to speed up deliveries of grain on the Prairies.
In discussing how the business model at Canadian National Railway has changed over the last 10 years or so, Claude Mongeau, CEO at CN, recognized the importance of the supply chain.
Canadian National Railway Co. (CNR) and Canadian Pacific Railway Ltd. (CP), the country's No. 1 and 2 carriers, are rushing to build terminals to load oil beyond the reach of pipelines in some of North America's remotest regions.