Saturday, January 27, 2007

CN Profits From Accidents

Last year after a record number of dangerous and toxic accidents CN promised to plow money into improved safety. It was just a good press release.

This year we again suffered more dangerous accidents with CN.

Because safety was sacrificed for the bottom line....again.

Canadian National Railway Co. (CNR CN): Canada's largest railroad said fourth-quarter net income climbed 16 percent to C$499 million ($422.8 million), or 95 cents a share, from C$430 million, or 78 cents, as it raised prices and held down costs. The Montreal- based company also boosted its quarterly dividend 29 percent to 21 cents a share.

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1 comment:

Sabahat Ali said...

Great post! yesterday i found another great video post about Industrial Accidents. Here is the link
workplace incidents