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CN Rail 2008 update expected late in January

(The following story by Jonathan Ratner appeared on the National Post website on December 17.) OTTAWA — While Canadian National Railway Co. has so far declined to update its 2008 outlook, UBS analyst Fadi Chamoun is predicting a difficult year ahead. The country’s...

Battle brewing over EJ&E railroad plans

(The following story by Marni Pyke appeared on the Chicago Daily Herald website on December 17.) CHICAGO — The Canadian National Railway’s takeover of the EJ&E railroad is still in its infancy, but growing pains are already starting. The purchase could have...

County wants say on CN-EJ&E merger

(The following story by Joseph Sjostrom appeared on the Chicago Tribune website on December 14.) CHICAGO — DuPage County Board Chairman Robert Schillerstrom has asked a federal railroad board for permission to participate in talks on Canadian National Railway...

Railways expect earnings to be derailed

(CanWest News Service circulated the following story by Scott Deveau on December 12.) MONTREAL — Canada’s largest railways are headed for a stormy end of the year with their earnings growth expected to be flattened in the fourth quarter. Both Canadian National...

STB issues guidance for comment on CN, EJ&E deal

(The U.S. Surface Transportation Board issued the following on December 12.) WASHINGTON, D.C. — In response to inquiries from the public, The Surface Transportation Board (Board) is providing additional guidance on how to participate in the economic and environmental...

Rail expansion on track

(The following story by Keith Benman appeared on the Munster Times website on December 12.) MUNSTER, Ind. — Canadian National’s purchase of the EJ&E Railway, which would triple rail traffic through some area towns and cities, may be approved by federal...

CN blames cold for stopping Santa Train

(The following report appeared on the Prince George Citizen website on December 11.) PRINCE GEORGE — CN Rail said it was weather and mechanical trouble that prevented the annual Prince George Santa Train from running on schedule. There was to have been a pair of train...

Indiana town joins list for EJ&E sale info

(The following story by Vanessa Renderman appeared on the Munster Times website on December 11.) SCHERERVILLE, Ind. — Schererville officials are looking for strength in numbers in their opposition to the sale of the EJ&E tracks to Canadian National Railway Co....

Oil prices expected to hit Q4 earnings at CP and CN Rail

(The following story by Jonathan Ratner appeared on the Globe and Mail website on December 3.) OTTAWA — Fuel prices are expected to hit fourth quarter earnings at both Canadian Pacific Railway Ltd. and Canadian National Railway Co. The rapid rise for West Texas...