CANADIAN National (CN) and its rival Canadian Pacific
joined in castigating federal government's introduction of railway legislation
to impose service level standards through regulation.
"I am troubled by the government's decision to
introduce service legislation that is inconsistent with the facts, as well as
the government's stated agenda of innovation and productivity," said
Canadian National CEO Claude Mongeau.
"Canada should not put the commercial framework of
its rail system at risk through unnecessary and overly burdensome rail
regulation. Such an approach would stifle innovation, chill the positive
service momentum that's taken hold," Mr Mongeau said.
Said CP chief executive Hunter Harrison: "It is the
company's belief that commercial undertakings, coupled with a stable regulatory
regime, remains the best approach to promote supply chain coordination and
investment.
"We firmly agree that improvement in Canada's world
class rail supply chain will best be achieved through offsetting commercial
undertakings, " said the milder Mr Harrison. More bluntly, Mr Mongeau
said: "Aside from normal operational and commercial issues, there is no
evidence of systemic rail service performance problems in Canada warranting the
[legislation]. CN addressed every commercial recommendation of the panel to
improve service."
"CN invites the government to identify specific,
systemic service issues that warrant this legislation. We are ready to address any
legitimate problems brought to our attention," said Mr Mongeau.
Agreeing, Mr Harrison said: "CP has been
implementing various commercial agreements. As such, we are confident strong
commercial relationships will continue to emerge with little need for the
processes described in the legislation."
Source : HKSG.
Tidak ada komentar:
Posting Komentar