August 7, 2007 | CN, Headlines
(The Canadian Press circulated the following on August 7.) PRINCE GEORGE — CN Rail said a train crash and derailment in Prince George was a result of human error. Spokeswoman Kelli Svendson said the employee involved is a manager who has experience handling trains and...
August 6, 2007 | CN, Headlines
(The following report by Ian Bailey appeared on the Globe and Mail website on August 4.) VANCOUVER — CN Rail is facing a mix of federal and provincial charges after a derailment two years ago sent tens of thousands of litres of toxic chemicals into a river north of...
August 6, 2007 | CN, Headlines
(The Canadian Press circulated the following on August 5.) PRINCE GEORGE — CN Rail is dealing with a wreck after two trains collided yesterday on the banks of the Fraser River in Prince George. RCMP Const. Gary Godwin said it appeared one train derailed and collided...
July 26, 2007 | CN, CP, Headlines
(CanWest News Service circulated the following story by Paul Delean on July 25.) MONTREAL — Canada’s fast-moving rail stocks lost a bit of steam Tuesday in the wake of unremarkable second-quarter earnings from both Canadian Pacific Railway Ltd. and Canadian...
July 24, 2007 | CN, Headlines
(The following story by Brent Jang appeared on the Globe and Mail website on July 24.) TORONTO — Canadian National Railway Co. has considered breaking itself up into real estate and train operating entities, but doesn’t see any compelling reason to undergo such...
July 24, 2007 | CN, Headlines
(CN issued the following on July 23.) MONTREAL — CN announced today that its Board of Directors has authorized a normal course issuer bid to purchase for cancellation up to 33 million, or 6.6 per cent, of the common shares outstanding of the Company not held by its...
July 24, 2007 | CN, Headlines
(The following story by Chris Sorensen appeared on the Toronto Star website on July 24.) TORONTO — Canadian National Railway Co., which recorded a 29 per cent drop in second-quarter earnings, has lowered its full-year guidance as the railroad attempts to rebound from...
July 24, 2007 | CN, Headlines
(The Associated Press circulated the following on July 23.) NEW YORK — Canadian National Railway Co. said Monday its second-quarter profit fell 29 percent as a result of flat revenue and lower income tax recoveries. The company also cut its 2007 guidance, sending its...
July 23, 2007 | CN, Headlines
(Reuters circulated the following on July 20.) VANCOUVER, B.C. — A government arbitrator imposed a contract on Friday for train crews at Canadian National Railway Co., whose strike this winter bitterly divided the union. The arbitrator, whose mandate was to chose...
July 20, 2007 | CN, CP, Headlines
(The following story by Scott Deveau appeared on the Globe and Mail website on July 20.) OTTAWA — RBC Capital Markets analyst Walter Spracklin downgraded Canadian Pacific Railway Ltd. to “sector perform” from “sector outperform” Thursday, saying he prefers the...
