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CN's operating profit grew 12% in 2012

Transportation

Thursday, January 24, 2013

The Canadian National Railway set volume, revenue, earnings and safety records in 2012. The company's full-year profit was C$2.68 billion ($2 billion), up from C$2.46 billion. During the quarter ended Dec. 31, net income was C$610 million (US$461 million) versus C$592 million for the prior-year quarter. Montreal-based CN credited its end-to-end supply chain approach and strong revenue growth related to oil and gas development, particularly shipments of...

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