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CN to close Stevens Point rail dispatch center

(Gannett Wisconsin Newspapers circulated the following on September 27.) STEVENS POINT, Wisc. — Canadian National Railway Co. will close its dispatch operations in Stevens Point by the middle of next year. A spokesman for the railroad said the decision was made to...

CN will meet with Metra

(The following story by Joseph Ryan appeared on the Daily Herald website on September 27.) CHICAGO — With Canadian National Railway agreeing to buy much of the Chicago area’s EJ&E railroad Wednesday, Metra’s much-anticipated STAR Line project linking...

CN to avoid Chicago bottlenecks with EJ&E deal

(The Canadian Press circulated the following story by Ross Marowits on September 27.) MONTREAL — Canadian goods destined for the key U.S. market should save one day of transportation by avoiding bottlenecks in Chicago after CN Rail struck a US$300-million deal to...

CN to buy EJ&E for $300 million

(Reuters circulated the following on September 26.) TORONTO — Canadian National Railway Company said on Wednesday it planned to buy a major portion of United States Steel Corp’s Elgin, Joliet and Eastern Railway Co for $300 million. The company said the new...

Man who rescued boy from train is honored

(The following report by Michael King appeared on the Post-Crescent website on September 25.) TOWN OF MENA-SHA, Wisc. — Gordon Hill finally got a chance Monday night to personally greet and thank the man who saved him from heartache. Hill was the engineer on a...

CN to buy back up to five million common shares

(The Canadian Press circulated the following on September 21.) MONTREAL — Canadian National Railway Co. (TSX: CNR) said it plans to buy back five million of its common shares, or about one per cent of its common shares outstanding, as part of its current 33-million...

Weakness in forestry expected to hurt CN

(The following story by Scott Deveau appeared on the National Post website on September 24.) OTTAWA — The Canadian forestry industry continues to tumble with earnings chopped by $509-million in the second quarter to a collective loss of $45-million, as reported in...

Trimming bottom lines at CN, CP

(The following story by Leonard Zehr appeared on the Globe and Mail website on September 24.) TORONTO — Softer economic growth through at least the first half of 2008 combined with a stronger Canadian dollar mean revenue and profit forecasts for Canada’s two railways...

CN shops for small deals with the right fit

(The following story by Brent Jang appeared on the Globe and Mail website on September 21.) TORONTO — Canadian National Railway Co. is patiently shopping for small acquisitions, content for now to be in a club of six major carriers that have carved up three regional...

CN sells Central Station for $355 million

(The following report by Mary Lamey appeared on The Montreal Gazette on September 20.) MONTREAL — Halifax-based Homburg Invest Inc. has agreed to purchase Montreal’s Central Station complex from CN for $355 million. The deal, which is expected to close by...