And then second, with regard to pricing and also in light of the really short volatility we've seen in the commodity complex the last couple of weeks, should we be thinking of your pricing decisions as wholly decoupled
from commodity price volatility at this point or is there flexibility to move within the ranges that you've outlined?
Despite commodity price volatility, CN raised its dividend by 20 % earlier this year and expects to continue increasing its dividend at a faster rate than overall earnings growth.
Aside
from commodity price volatility, another risk to be aware of is competition from alternative methods of transportation such as trucks, barges, and pipelines.
Rapid demand growth;
commodity price volatility; the influence of a broad range of global conditions on wages: all these factors can trigger large changes in relative prices, and this makes the job of capturing underlying inflation harder.
The uncertainty and impact of energy and
commodity price volatility has now established itself as the number - one issue for energy leaders worldwide.
This analytical report proposes and estimates a default risk model for agricultural lenders, which explicitly accounts for two risks that are endemic to agricultural activities:
commodity price volatility and climate.
This increase falls within
the commodity price volatility already considered by the company.