By Tony Hatch, Progressive Railroading Magazine; November 2018
On Oct. 4, Canadian Pacific held its first Investor Day in the post-Hunter Harrison (PHH) era — and the first in several years — to great pomp and circumstance (à la E. Hunter Harrison, or EHH). There was plenty of news that came out of the conference — pre-announced Q3/18 earnings (above consensus), financial targets labeled “conservative” (of course), exciting commentary on the precision scheduled railroading (PSR) playbook and its transferability (maybe), as well as on consolidation (although I vehemently disagree). But I also checked in with shippers, other carriers, interline connections and others afterward to put what I saw and heard in snowy Calgary into perspective.
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