Canadian National
CN has the most northern rail network in North American and winters are known to be harsh.
That is why we diligently prepare our annual Winter Plan well in advance of the cold weather.
Our plan includes implementing specific measures to counteract the difficult operating conditions that inevitably arise when extreme temperatures occur,
including the effects of cold on railway braking systems.
Again this year, we are applying our learnings and experience from past winters.
Our ability to perform in these challenging times is largely a result of the record-high strategic capital investments we have made in locomotives, track
infrastructure, and specialized distributed air cars.
It is also a direct result of our resourceful team of railroaders who put safety above all else and continue to operate our railway in these very challenging
circumstances in order to serve our customers.
We are monitoring the current polar vortex closely and are hopeful that these conditions will abate over the next week so we can recover quickly and return to
our normal level of network fluidity.
Canadian Pacific
On Tuesday of this week, Canadian Pacific President and Chief Executive Officer, Keith Creel, addressed the Barclays Industrial Select Conference.
In his opening remarks, he discussed the challenges CP has faced from the weather, and was encouraged that the weather has broken at that point, and they were
able to run long trains on 90 percent of their network.
Creel added that while the weather was bad, it doesn't change the company's outlook for Full-Year 2021.
He also noted that the rest of the network will be out of the deep freeze in 48 to 72 hours (which is now either today or tomorrow), and the railroad expects
to have its rhythm back within the next week.
David C. Lester.
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