July 28, 2008 | CN, Headlines, STB
(The following story by Tom Musick appeared on the Northwest Herald website on July 27.) CHICAGO — Congressional leaders from both parties blasted a preliminary environmental impact statement Friday regarding Canadian National’s proposed deal to buy the Elgin, Joliet...
July 28, 2008 | CN, Headlines, STB
(The following story by Richard Wronski appeared on the Chicago Tribune website on July 26.) CHICAGO — A federal report on Friday raised the specter of frustrated motorists facing lengthy delays at 15 rail crossings in a dozen communities, but concluded that passenger...
July 28, 2008 | CN, Headlines
(Reuters circulated the following on July 25.) CHICAGO — U.S. regulators are not likely to make a decision on Canadian National Railway’s purchase of the Elgin, Joliet & Eastern Railroad until early next year, according to a ruling released on Friday. But...
July 25, 2008 | CN, Headlines
(The following story by Richard Wronski appeared on the Chicago Tribune website on July 24.) CHICAGO — Scores of Chicago-area communities Friday could learn the potential environmental impact of a controversial plan to reroute freight traffic around the city and...
July 25, 2008 | CN, Headlines
(The following report by Richard Wronski appeared on the Chicago Tribune website on July 26.) CHICAGO — Federal officials reviewing the impact of the proposed acquisition of the Elgin, Joliet & Eastern Railway by the Canadian National Railway concluded Friday...
July 24, 2008 | CN, Headlines
(The following story by Justin Kmitch appeared on the Daily Herald website on July 24.) CHICAGO — They know they’ve got an uphill battle, but several local communities battling Canadian National Railway Co.’s $300 million pending purchase of the Elgin...
July 23, 2008 | CN, Headlines
(The following story by Christopher Barker appeared on the Motley Fool website on July 23.) Despite their blistering rise today, the shares of airline stocks like AMR (NYSE: AMR) and UAL (NYSE: UAL) had appeared to be in some sort of medieval torture device over the...
July 23, 2008 | CN, Headlines
(The following story by Jane Roberts appeared on the Memphis Commercial Appeal website on July 23.) MEMPHIS, Tenn. — For Memphis shippers who are waiting for faster rail transit times from Chicago, the journey took a lurch this week. Canadian National CEO Harrison E....
July 22, 2008 | CN, Headlines
(The following story by Brent Jang appeared on the Globe and Mail website on July 22.) TORONTO — Canadian National Railway Co. warned yesterday that it’s willing to abandon plans to acquire a Chicago-area rail carrier if too many strings are attached to the...
July 22, 2008 | CN, Headlines
(CN issued the following on July 21.) MONTREAL — CN today reported its financial and operating results for the second quarter and first half ended June 30, 2008. Second-quarter 2008 results: * Diluted earnings per share declined six per cent to C$0.95. * Net income...