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Frankfort will move to cut deal with CN

(The following story by Susan Demar Lafferty appeared on the Southtown Star website on December 2.) CHICAGO — At the urging of village residents, Frankfort officials have decided to switch tracks and make a deal with the Canadian National Railway to ease the impact of...

CN doubts influence of Barack Obama on EJ&E deal

(The following story by Richard Wronski appeared on the Chicago Tribune website on November 26.) CHICAGO — Opponents of the Canadian National Railway’s proposed purchase of a rail line through Chicago’s suburbs hope that the election of Barack Obama will...

CN: grain decision cuts revenue $18.6 million

(The Associated Press circulated the following on November 26.) NEW YORK — Canadian National Railway Co. said a grain rate decision held up by the Canadian Federal Appeal Court will cut the railroad’s segment revenue by 23 million Canadian dollars ($18.6...

Court rules against CP, CNR railways on grain

(The following appeared on the Windsor Star website on November 26.) VANCOUVER, B.C. — A court has ruled against Canadian Pacific Railway Ltd. and Canadian National Railway Co. in a battle over grain hauling revenue and the cost of maintaining the government’s...

CN stock gets “buy” nod over CP Rail

(The following story by David Pett appeared on the National Post website on November 25.) OTTAWA — Canadian National Railway Co. or Canadian Pacific Railway Limited? According to RBC Capital analyst Walter Spracklin, investors should opt for the former, but...

CN’s EJ&E deal hits roadblock

(The following story by Erik Potter appeared on the Post-Tribune website on November 25.) GARY, Ind. — Opponents of the proposed purchase of the Elgin, Joliet & Eastern Railway by Canadian National Railway celebrated Monday when the federal Surface Transportation...

Opinion: EJ&E decision could be bad gift to some

(The following editorial appeared on the Aurora Beacon News website on November 24.) AURORA, Ill. — Warning to all those who oppose the Canadian National purchase of the Elgin, Joliet & Eastern railroad — expect a Surface Transportation Board vote in favor...

CN awarded $23 million in long insurance fight

(Reuters circulated the following on November 24.) VANCOUVER, B.C. — Canada’s highest court ordered insurers to pay Canadian National Railway C$30 million ($23 million) on Friday, ending a 14-year fight over a problematic tunnel-boring machine. The Supreme...

CN set to seal Chicago railway buy by year-end

(The following story by Scott Deveau appeared on the Financial Post website on November 20.) OTTAWA — The head of Canadian National Railway Co. says he’s confident federal regulators will approve his company’s proposed acquisition of Chicago’s Elgin,...