UPDATE 1-CN Rail says workers' strike to hurt profit growth in 2019
Canadian National Railway Co cut its target for growth in adjusted profit for 2019 on Tuesday, citing impact of an eight-day strike that led to delays in shipments. The rail operator expects 2019 adjusted diluted per share growth in low to mid single-digit range compared with its previous forecast of growth in the high single-digit range. The country’s biggest rail strike in a decade drew national attention over worker fatigue, after labour union Teamsters Canada released a recording of an exhausted rail worker pleading with a CN supervisor for a break after a 10-hour shift.