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CN maintains rail operations as IBEW strike begins

(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...

IBEW workers on strike at CN in Canada

(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:...

IBEW threatens strike at CN in Canada

(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...

Bill Gates sells $940 million of CN stock

(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...

CN reports Q1 2022 results

(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...