CN Chief: North-South Rail Orientation Vital
Dec 1, 2001 12:00 PM
Increasing integration of the American and Canadian economies will require a greater north-south orientation of the North American rail industry to allow shippers to tap new business opportunities, says Paul M Tellier, Canadian National's president and chief executive officer.
Tellier, speaking to the North American Fertilizer Transportation Conference, said North American railroads of the future will also have a sharper customer focus, greater market share, and healthier balance sheets.
He said “further consolidation of railroads is almost inevitable” to satisfy shippers' demands for premium, single-line service.
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