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CN Railway profit rises as crude oil shipments increase

Canadian National Rail Trains

Mon Jul 22, 2013 6:52pm EDT By Scott Haggett and Solarina Ho July 22 (Reuters) – Canadian National Railway, Canada’s largest railroad, said on Monday it expects the boom in crude-by-rail shipments to continue, despite the Lac-Megantic tragedy earlier this month and as narrowing spreads between benchmark world oil prices raise questions about the economics of rail transport. The company ...

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