2008/02/16

Railways scrambling to meet demand

Customers are clamouring for more space to move their goods on the rails, leaving the carriers scrambling to keep up.

"Right now we are not meeting our customer demands. The demand for our transportation services is very strong," James Foote, CN's executive vice-president of sales and marketing, said during an investment webcast.

CN, CPR and the four largest U.S. railways are expanding because they need to handle ever-increasing volumes of freight and reduce bottlenecks along their systems, notably at ports, transportation consultant Greg Gormick said. "Demand is growing, and networks are being stretched to the limit," he added.

(reportonbusiness)


Note to self : à quand la construction de nouvelles lignes ?

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