News / Positive Q1 for optimistic North American railroads as intermodal traffic grows

© Wangkun Jia

North American railroads recorded a mostly positive first quarter in intermodal, with CN, CSX and Union Pacific all growing – but at Canadian Pacific, the picture was more muted.

Chief executive of CN JJ Reust, announcing the 14% growth of intermodal revenue, claimed the company was destined to become the “premier railway of the 21st century”.

He added: “Industry-outpacing growth in intermodal positions CN to be an engine of North American growth and prosperity, and an operational and sustainability leader.

“Gains in safety, ...