if cars move over the road without disruption. Together, these levers expand margins, strengthen cash flow, and allow the railroad to perform through any cycle. We see an opportunity to lower our operating expense in 2026 through our cross-functional terminal reviews and

May 14, 2026 / receipt

On labor, T&E productivity improved 14% versus Q4 last year. We entered the quarter with approximately 800 furloughs and exited with about 650, selectively adding resources to support the grain program and winter readiness.

Jan 30, 2026 / receipt, needs a key / Pat, other | earnings call 2026-01-30 | transcript c76e3be6-8ca2-479a-bc30-52ce23449a37 | chars 10396-10619 | segment 10

Our T&E labor productivity improved 11% year over year, mostly through targeted furloughs that we acted on early to realign to demand.

Jul 22, 2025 / receipt, needs a key / Pat Whitehead, Chief Network Operations Officer | earnings call 2025-07-22 | transcript f51c5332-eaa7-45a8-8d3d-71eb67eafe48 | chars 10140-10274 | segment 10

We have 740 T&E employees furloughed. We have mechanical employees furloughed.

Jul 22, 2025 / receipt, needs a key / Pat, other | earnings call 2025-07-22 | transcript f51c5332-eaa7-45a8-8d3d-71eb67eafe48 | chars 33569-33647 | segment 34

As Pat mentioned earlier right now, on the T&E side, we still have 468, roughly 470 people furloughed.

May 1, 2025 / receipt, needs a key / Derek, other | earnings call 2025-05-01 | transcript 3ee729de-f0e6-4296-94ca-aa19de509728 | chars 49598-49700 | segment 51

Additionally, our T&E productivity, measured by GTM per employee, grew by 7% compared to the previous quarter.

Jan 30, 2025 / receipt, needs a key / Pat Whitehead, other | earnings call 2025-01-30 | transcript 8ea26386-f434-4c14-9606-6e5158767627 | chars 13210-13320 | segment 13

Keep in mind that as we train T&E employees, it takes six to nine months to have those folks ready in advance of the volume. So we will see our headcount increase, but it will not be a one-to-one increase. We'll ramp up for the volume, but it'll be a busy quarter at the training centers, but not a one-to-one increase.

Apr 23, 2024 / receipt, needs a key / Pat, other | earnings call 2024-04-23 | transcript cf0b5106-93af-4c62-a829-7dbbd30ad0e4 | chars 32104-32423 | segment 33

When you think about other parts of the cost structure, so equipment, locomotives, whether it's your own cars, et cetera, et cetera, Should we think about it the same way as the T&E labor, you know, continuing to bring it on in anticipation of a recovery in the business, but still at a slower pace and then kind of wait to see the whites of the eyes on volume before you really move on bringing some of those costs back?

Jan 26, 2021 / receipt, needs a key / Rob, CEO | earnings call 2021-01-26 | transcript c5588b1d-f296-4b4f-9260-a45094d354e1 | chars 41724-42145 | segment 43

U.S volumes driven by Grain, Petroleum & Chemicals, and Metals & Minerals

ir_statement / Sep 7, 2026 / receipt

Leveraging underutilized parts of the network

ir_statement / Sep 7, 2026 / receipt

Positive volume growth (RTMs), despite a 40% decline in Canadian grain shipments

ir_statement / Sep 7, 2026 / receipt

Strong broad-based demand in the quarter

ir_statement / Sep 7, 2026 / receipt

Best transit times from any East Coast port

ir_statement / Sep 7, 2026 / receipt

Drive incremental volumes through our uncongested Eastern gateway

ir_statement / Sep 7, 2026 / receipt

Halifax - Well-positioned for growth

ir_statement / Sep 7, 2026 / receipt

Halifax can replicate the success of the “Prince Rupert” model

ir_statement / Sep 7, 2026 / receipt

Leveraging existing port infrastructure to handle growth

ir_statement / Sep 7, 2026 / receipt

Capex will remain at 17% of revenues

ir_statement / Sep 7, 2026 / receipt

Planning for full-year low single-digit volume growth (RTMs) with a normalized Canadian grain crop this fall

ir_statement / Sep 7, 2026 / receipt

Still expecting to deliver approximately 15-20% adjusted diluted EPS growth in 2022

ir_statement / Sep 7, 2026 / receipt