Cn Rail Essay

1616 words - 6 pages

Executive SummarySince CN has been privatized and deregulated from the Canadian government CN has seen tremendous growth in sales, operations, and the investment market. CN has worked hard to turn the company around and become a successful rail company over the years. Some changes have included lowering operating costs, lowering debt, expansion into the U.S, being more competitive and cost conscious with a profit oriented mindset, as well as increasing capital investments in equipment and infrastructure.CN is now working on ways to help grow the company and continue growing its revenues. In order to do this CN has identified three main issues; these issues include the current CN-NAFTA strategy, Surface Transportation Board (STB), and expansion to new markets.After reviewing some of CN's options for growth, it is determined that CN should take advantage of the emerging market in Asia and open up Freight Forwarding firms. By opening up the Freight Forwarding firms CN will have the opportunity to expand its business model, take advantage of economic growth, increase revenues and improve customer service.CN will need to ensure that educated reliable personnel are found for their new freight forwarding firms, and starting looking to secure office space as well as employees. Below we will take an in-depth look into CN's current business strategies and how there is room for growth and improvement.Issue IdentificationCN is faced with many different challenges due to deregulation of the rail industry and privatization. New strategies are required in order for CN to remain successful and have continued growth in revenue as well as in the company. Some of the issues that CN has been able to overcome are:High operating costsCrippling debtGrowth demand from north-south traffic flowsBorder security.Although CN has overcome many obstacles and challenges there are still current issues to deal with in order to continue revenue growth, being competitive in the market and offering superior customer service to its customers. Currently the main issues are:CN-NAFTA StrategySurface Transportation Board (STB)Expansion to new marketsEnvironmental Root Cause AnalysisEnvironmentCN is currently experiencing increased revenues from a combination of different strategies. Currently revenues have increased to 56 percent in 2004, compared to 37 percent in 1994. This is largely due to the transborder trade with the United States, and the CN-NAFTA strategy currently in place. Although CN's revenues have annual compounded growth of approximately 6 percent, there are opportunities to improve the business strategies should the NAFTA trade start to decline.CN has also reduced the operating ratio from 89 percent in 1995 to 67 percent in 2004, which has resulted in a 20 percent average annual compounded growth rate. Stock prices have also quintupled since 1995 and the overall market value of CN is 10 times more then what it was when privatized.The main issue CN is currently facing is...

Find Another Essay On CN Rail

"North Sydney, NS: A Primary Aspect Defining Our Livlihood"

2702 words - 11 pages control over almost all aspects of travel and transportation throughout Eastern Canada. It wasn't until 1985, through an act of Parliament, that the CNR was split into several independent Crown Corporations. It separated into 3 separate industries known as Canadian National (CN), VIA Rail, and Marine Atlantic Inc. CN was placed primary in charge of freight transportation, while its other half, VIA Rail took on the role as a passenger transport line


3660 words - 15 pages Rail Delivery (in hours) New YorkChicagoSan FranciscoMexico CityHalifax to:9677180205Montreal to:4836144169Toronto to:4824130155Winnipeg to:7236120191Calgary to:1026696215Vancouver to:1209672250 Source: CN North America Marine Several of Canada's deep-water ports are strategically located near large U.S. markets. Many of these facilities are open year-round. Marine travel is concentrated in the Great Lakes/St. Lawrence Seaway system and on

The Sale of Indian Textiles in Canada

6091 words - 24 pages revenues and services (including for-hire, private and courier) were valued at approximately $31 billion in 1996. Railways continue to play an important part in Canada’s transportation network. Canadian National Railway (CN) and Canadian Pacific Railway (CP) are responsible for operating most of Canada’s rail freight services. VIA Rail Canada, a federal Crown corporation provides passenger rail service. Approximately 46 Canadian railways operate on

The Pros and Cons of Privatizing Government Services in Canada

2955 words - 12 pages greater risk because the hamlet is divided from the rest of Thorold by the canal system and three active CN rail tracks making a response from another district (or municipality) almost impossible due to the high number of potential barriers. While the taxpayers would be saving money on taxes they would be paying higher house insurance rates because the nearest actual fire station that would be responsible for responding to a fire or emergency is

Final Judgment

3106 words - 12 pages “rules that K.S. Bhinder was not discriminated against when he was required by his employer, CN Rail, to wear a hard hat” (CHRR, 2007, para. 4). The Federal Court of Appeal ruled that” the requirement of wearing a hard hat was a Bona fide occupational requirement and did not amount to discrimination of the basis of religion” (CHRR, 2007, para. 4). The hard hat rule is saved, because it is a Bona fide occupational

When the Bubble Burst

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

phase diagram

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy

Revolutionary Work of Art

1890 words - 8 pages Walter Benjamin emphasizes in his essay, “The Work of Art in the Age of its Technological Reproducibility” that technology used to make an artwork has changed the way it was received, and its “aura”. Aura represents the originality and authenticity of a work of art that has not been reproduced. The Sistine Chapel in the Vatican is an example of a work that has been and truly a beacon of art. It has brought a benefit and enlightenment to the art

Enlightenment Thought in New Zealand Schools

1594 words - 6 pages In this essay I will be looking at how the political and intellectual ideas of the enlightenment have shaped New Zealand Education. I will also be discussing the perennial tension of local control versus central control of education, and how this has been affected by the political and intellectual ideas of the enlightenment. The enlightenment was an intellectual movement, which beginnings of were marked by the Glorious Revolution in Britain

Psychological Egoism Theory

2240 words - 9 pages The theory of psychological egoism is indeed plausible. The meaning of plausible in the context of this paper refers to the validity or the conceivability of the theory in question, to explain the nature and motivation of human behavior (Hinman, 2007). Human actions are motivated by the satisfaction obtained after completing a task that they are involved in. For example, Mother Teresa was satisfied by her benevolent actions and

How Celtic Folkore has Influenced My Family

1587 words - 6 pages Every family has a unique background that influences the way they live and interact with other people. My parents, who emigrated from Ireland to the States with my three brothers in 1989, brought over their own Celtic folklore and traditions that have helped shaped the way our family operates and lives. One aspect of folklore that has helped shape my family dynamic is the Celtic cross—both its background and what role it has played in our lives

Similar Essays

Ethics Breach At Canadian National Railway

1792 words - 7 pages between the writer and spokesperson for CN, Graham Dallas, With CN holding high standard for safety, how often is the vast majority of the tracks checked for safety and maintenance? "CN prides itself on its safety record and track maintenance [procedures.] We use a sophisticated TEST to evaluate all of our rail lines 3-6 times per year, depending on how often the track is used, car volumes and so on. Qualified track inspectors must inspect the

The Canadian Pay Equity Act Essay

1418 words - 6 pages Legislation in Ontario affects human resources. Some can be bad well others can be beneficial to the workplace. My paper will be focusing on the federal legislations in Ontario and how it is improving various non-unionized workplaces. At the end of my report I will be summarizing the concept of family status related to the 11 prohibited grounds in a case study regarding a single mom and how she almost lost her job with CN Rail. Description of

Canadian Railway Industry Essay

1391 words - 6 pages through very efficient advertising or by improving the quality of the products and services provided. Throughout my research I found that my hypothesis is correct; the Canadian Railway Industry is an oligopoly, a perfect oligopoly because both CN and CPR supply the same services with is freight. Together both railway firms bring in revenue of over $250 million in the past two years. Cross country travels are dominated by VIA Rail Transit which is

The Rogers Centre Essay

3238 words - 13 pages 7 in Richmond Hill, beside Woodbine Racetrack in Etobicoke, and York University, the railway lands at the base of the CN Tower were selected as the site for the dome. The location was chosen for its excellent rail and transit connections as well as for its potential to become central to the plan known as CityPlace to revitalize the downtown area