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Stock impact report

Resilient rail: safeguarding for wildfires in a changing climate [Yahoo! Finance]

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
Company Research Source: Yahoo! Finance
Network Rail, for example, reported that weather-related incidents caused over 322,000 delay events totalling 26 million minutes in the UK between 2006 and 2021, which cost train companies over £1bn in compensation payments. Then in Canada, recent heatwaves and wildfires have forced trains to run slower, contributing to a cut in Canadian National Railway's (CN) earnings outlook and a 26% revenue reduction. With extreme weather events forecast to increase over the coming years, the industry is unsurprisingly focusing on building resilience. Improving resilience Guy Huckle, resilience and security expert at UK management consulting company PA Consulting, points to initiatives like the Rail Resilience Project (RRP) and the Rail Severe Weather Taskforce. The former is a cross-industry programme developing a code of practice and supporting guidance to deliver improvements in emergency planning and preparedness and response recovery, while the latter has delivered improvements in Show less Read more
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