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STB agrees to widen its oversight of EJ&E deal

(The following story by Andre Salles appeared on the Beacon News website on October 28, 2009.) CHICAGO — The federal Surface Transportation Board has agreed to widen its oversight of Canadian National Railway Company’s purchase of the suburban Elgin, Joliet and...

CN’s Hunter Harrison nears final station

(The following story by Brent Jang appeared on the Globe and Mail website on October 27, 2009.) MONTREAL — In his 16th floor office in Montreal, Hunter Harrison is reminiscing about his birthplace of Memphis, where he grew up a kilometre down the road from Elvis...

STB expands Canadian National reporting

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 26, 2009.) WASHINGTON, D.C. — Canadian National Railway will have to expand its monthly reporting to regulators about its newly acquired short line outside Chicago, as the...

CN orders 70 new high-horsepower locomotives from GE and EMD

(CN issued the following on October 21, 2009.) MONTREAL — CN announced today orders for 70 new high-horsepower locomotives from GE Transportation, a unit of General Electric Co. (GE), and Electro-Motive Diesel, Inc. (EMD). CN will acquire 35 ES44DC locomotives from GE...

CN profit sags 13 percent but says worst is over

(Reuters circulated the following on October 20, 2009.) VANCOUVER, B.C. — Canadian National Railway reported a better than expected 13 percent drop in third-quarter profit on Tuesday as deep cost cuts helped cushion the impact of the recession. Executives at...

CN reports lower 2009 third quarter net income

(CN issued the following on October 20, 2009.) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2009. Third-quarter 2009 highlights * Net income declined to C$461 million, or C$0.97 per diluted share, from year...

CN chief optimistic despite plunge in profit

(The following story by Brent Jang appeared on the Globe and Mail website on October 21, 2009.) MONTREAL — Hunter Harrison isn’t fretting that Canadian National Railway Co.’s cargo volumes will plunge again. “We’ve bounced across the bottom,...

CN’s Chicago traffic delays increase

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 19, 2009.) WASHINGTON, D.C. — Canadian National Railway said its trains blocked roadway crossings eight times during September when trains stopped for 10 minutes or more along...

Are noisy CN/EJ&E trains derailing lives?

(The following story by Amy Lee appeared on the Southtown Star website on October 13, 2009.) CHICAGO — An influx of nighttime train traffic on the old Elgin, Joliet and Eastern Railway Co. tracks has Ken Kemp questioning his sanity. “We’re all going crazy....