CN Rail CEO says KCS acquisition about ‘following the economy,’ not just growing his company
Kevin Carmichael: Ruest says he’s following ‘business where business is going next’ after sensing change in where winds are blowing on trade
Kevin Carmichael
Canadian National Railway Co.s chief executive, Jean-Jacques Ruest.Photo by National Post photo illustration
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Executives are the most important economic actors, but that doesnt automatically make them good stewards of the economy.
Consider the North American railroad industry and its obsession with the operating ratio, which…