October 19, 2021 | CN, CP, Headlines
(Source: Railway Age, October 15, 2021) NEW YORK — The Transportation Safety Board of Canada (TSB) reports that its investigation following the June 30, 2021 fire that destroyed the town of Lytton, B.C “has not revealed any evidence to link railway operations to the...
October 14, 2021 | Canada, CN, CP, Headlines
(Source: Canadian Press, October 14, 2021) RICHMOND, B.C. — The Transportation Safety Board was scheduled to release the results of its investigation today into the “possible relation” between train activities and a wildfire this summer in Lytton, B.C....
October 12, 2021 | CN, Headlines
(Source: CBC News, October 11, 2021) SARNIA — CN Rail says it’s investigating the cause of a train derailment in Sarnia on Sunday. Crews responded after two trains derailed while in an upright position at CN’s Sarnia yard. Full story: CBC...
October 7, 2021 | CN, CP, Headlines, KCS, STB
(Source: Railway Age, October 7, 2021) NEW YORK — The battle for boardroom and C-suite control between CN and TCI Fund Management Ltd. continues to escalate. On Oct. 6, TCI responded to CN’s Oct. 4 press release with one of its own. Full story: Railway...
October 4, 2021 | CN, Headlines
(Source: CN press release, October 4, 2021) MONTREAL — CN today announced that it has scheduled a Special Meeting of Shareholders (the “Special Meeting”) in response to a requisition by CIFF Capital and TCI (collectively “TCI”). The Special Meeting is scheduled to be...
October 1, 2021 | CN, CP, Headlines, KCS, STB
(Source: Trains Magazine, September 30, 2021) WASHINGTON, D.C. — The Surface Transportation Board has reaffirmed its previous approval of a voting trust for the proposed merger of Canadian Pacific and Kansas City Southern, saying the approval granted for CP’s original...
October 1, 2021 | CN, CP, Headlines, KCS
(Source: CN press release, October 1, 2021) MONTREAL — CN today responded to the numerous misleading claims and inconsistencies in recent disclosures by CIFF Capital and TCI (collectively “TCI”), which, in addition to being a shareholder of CN is the largest...
October 1, 2021 | CN, CP, Headlines, KCS, PSR
(Source: The Western Producer, September 30, 2021) CALGARY — Canadian National Railway is wasting no time transforming itself into a leaner and more profitable railway company, following its failed bid to acquire American rail carrier Kansas City Southern. According...
September 30, 2021 | CN, Headlines, KCS
(Source: Associated Press, September 29, 2021) OMAHA, Neb. — After walking away from its effort to buy Kansas City Southern railroad earlier this month, Canadian National Railway Co. continues to face investor pressure to make changes in its operation. Full story:...
September 30, 2021 | CN, Headlines
(Source: CN press release, September 29, 2021) MONTREAL — CN announced today that the Company published its 2021-2022 Winter Plan — “All in Together.” The Plan is part of CN’s commitment to delivering safely and efficiently during winter, and is the result of broad...
