The document is an executive summary on the Canadian railroad industry, focusing on Canadian Pacific (CP) and Canadian National (CNI). It forecasts CP to grow EPS at double the rate of CNI through 2019, driven by market share and earnings trajectory. The report highlights CP's improved service levels and cost base, predicting a re-rating for CP and de-rating for CNI. It includes figures on revenue ton-miles and cost advantages.
documents/vol00010-efta01371089-pdf.pdf
{"title":"Executive Summary on Canadian Railroads","document_date":"2017-10-31","document_type":"other","key_locations":["Canada"],"key_organizations":["Canadian Pacific","Canadian National","Deutsche Bank"],"reference_numbers":["DB-SDNY-0064273","SDNY_GM_00210457","EFTA01371089"]}