June 21, 2022 | CN, Headlines, Unions
(Source: Progressive Railroading, June 20, 2022) CN has implemented its operational contingency plan now that the International Brotherhood of Electrical Workers (IBEW) has begun its strike. The union represents 750 CN employees. Full story: Progressive...
June 21, 2022 | CN, Derailment, Headlines, UP
(Source: Railway Track & Structures, June 20, 2022) NEW YORK — Two separate and unrelated coal train derailments occurred this weekend. The first occurred on Union Pacific on Friday evening in Lawrence, Kan., just west of Kansas City. The second derailment...
June 20, 2022 | Canada, CN, Headlines, Unions
(Source: Bloomberg, June 19, 2022) Canadian National Railway Co. workers have gone on strike after failing to reach an agreement on Saturday over benefits and wages, according to the International Brotherhood of Electrical Workers lead negotiator. Full story:...
June 17, 2022 | Canada, CN, Headlines, Unions
(Source: Railway Age, June 16, 2022) The International Brotherhood of Electrical Workers (IBEW) has notified CN of its intention to strike as of 11 a.m. ET on July 18, the Class I railroad reported June 15. CN said it received 72-hour notice from IBEW, which...
June 1, 2022 | Amtrak, CN, Headlines
(Source: Trains Magazine, May 31, 2022) WASHINGTON, D.C. — Amtrak is proposing that, in extreme examples of routes with poor on-time performance, it would be allowed to take over dispatching from host railroad Canadian National as part of a new operating agreement...
May 16, 2022 | CN, Headlines
(Source: Transport Topics, May 13, 2022) Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune. Full story: Transport...
May 3, 2022 | Canada, CN, Headlines, Oil Train
(Source: Transportation Safety Board of Canada (TSB) press release, April 29, 2022) WINNIPEG, Manitoba — In its investigation report (R19W0050) released today, the Transportation Safety Board of Canada (TSB) determined that a recently replaced rail joint failed as a...
April 27, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian Press, April 25, 2022) MONTREAL — Canadian National Railway Co. on Tuesday lowered its earnings forecast for the year after profits sagged in its first quarter. Citing tough operating conditions and “worldwide economic uncertainty,” the...
April 27, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, April 26, 2022) MONTREAL — CN today reported its financial and operating results for the first quarter ended March 31, 2022. CN delivered sound operating and financial performance across the board, with adjusted...
April 27, 2022 | CEO Pay, CN, Headlines
(Source: Associated Press, April 20, 2022) OTTAWA — Canadian National Railway Co. paid top executives, including outgoing CEO Jean-Jacques Ruest, sizable bonuses last year for the first time since 2018. Mr. Ruest received a bonus of $2.32-million in 2021 as part of a...
