October 22, 2008 | CN, Headlines
(Bloomberg News circulated the following story by Hugo Miller on October 21.) NEW YORK — Canadian National Railway Ltd., the country’s largest railroad, said third-quarter profit rose 14 percent as the company charged more to deliver coal, metals and minerals....
October 22, 2008 | CN, Headlines
(The Canadian Press circulated the following story by Ross Marowits on October 22.) MONTREAL — Canadian National Railway (TSX: CNR) says it’s in the best position in its history to withstand an economic downturn, as productivity efficiencies are expected to help...
October 22, 2008 | CN, Headlines, NS
(Bloomberg News circulated the following story by Angela Greiling Keane and Hugo Miller on October 21.) NEW YORK — Norfolk Southern Corp., the fourth- largest U.S. railroad, and Canadian National Railway Ltd., that country’s biggest carrier, posted quarterly...
October 22, 2008 | CN, Headlines
(CN issued the following on October 21.) MONTREAL — CN (TSX: CNR)(NYSE: CNI) today reported its financial and operating results for the third quarter and nine months ended Sept. 30, 2008. Third-quarter 2008 highlights * Diluted earnings per share increased 21 per cent...
October 21, 2008 | CN, CP, Headlines
(Reuters circulated the following story by Allan Dowd on October 20.) VANCOUVER, B.C. — Canada’s two major railways are expected to reveal few surprises when they announce earnings in coming days, though the market will be looking to see if a weaker Canadian...
October 14, 2008 | CN, Headlines
(The following story by Richard Wronski appeared on the Chicago Tribune website on October 8.) CHICAGO — Musicians Dan and Jenny Kortmann have a motto: “Whenever there’s a wrong that needs righting, there’s a song that needs writing.” The Lake...
October 13, 2008 | CN, Headlines
(The following story by Guy Tridgell appeared on the Southtown Star website on October 12.) CHICAGO — Matteson is about to become a tale of two cities. If the controversial sale of the EJ&E Railroad goes through, the town’s fire department could find itself...
October 10, 2008 | CN, Headlines
(The Canadian Press circulated the following on October 9.) MONTREAL — The railway did not release the cost of the program in a statement Thursday from Duluth, Minn. Delivery of the new cars is to begin in January, allowing CN to retire the same number of old cars...
October 10, 2008 | CN, CP, Headlines
(The following story by David Pett appeared on the National Post website on October 10.) OTTAWA — Lower volumes are in the cards for both Canadian National Railway Co. and Canadian Pacific Railway Ltd. but a strengthening U.S. dollar will offset some of the bottom...
October 10, 2008 | CN, CP, Headlines
(The following story by Nathan VanderKlippe appeared on the National Post website on October 8.) VANCOUVER, B.C. — Until mid-September, just about the only thing not falling off the economic rails was the railroad companies themselves. Fuelled by rising Asian demand...