July 21, 2021 | CN, Headlines
(Source: Reuters, July 20, 2021) NEW YORK — Canadian National Railway Co on Tuesday reported a 12.1% rise in quarterly revenue, as the country’s biggest railroad operator shipped more petroleum, chemicals and intermodal freight. Full story:...
July 19, 2021 | CN, Headlines
(Source: Bloomberg, July 19, 2021) NEW YORK — Kansas City Southern investors are right to worry that the Biden administration’s tougher stance on antitrust enforcement may signal trouble for the company’s $34 billion plan to sell itself to Canadian National Railway...
July 15, 2021 | CN, Headlines
(Source: St. Catherines Standard, July 14, 2021) ST. CATHARINES, Ontario — This is all about KCS’s mid-American location and its extensive network in Mexico, where there’s considerable volume and potential growth in industrial and commodity shipments to and from that...
July 13, 2021 | CN, Headlines
(Source: CBC News, July 8, 2021) VICTORIA, B.C. — Wildfires burning across British Columbia damaged rail lines and brought train shipments to a grinding halt, causing a backlog of deliveries of all sorts of freight that is only now starting to slowly clear. Full...
July 13, 2021 | CN, Headlines
(Source: Progressive Railroading, July 12, 2021) Canadian Minister of Transport Omar Alghabra has ordered that CN and Canadian Pacific may not operate trains in certain subdivisions in British Columbia where the fire danger level is “extreme.” Full story:...
July 9, 2021 | CN, Headlines
(Source: Canadian Press, July 8, 2021) TORONTO — A behind-the-scenes bidding war for Kansas City Southern took place over nine months before culminating in a blockbuster US$33.6-billion offer from Canadian National Railway Co., a newly released document reveals. Full...
July 8, 2021 | CN, Headlines
(Source: Railway Age, July 7, 2021) NEW YORK — Proposed merger partners CN and Kansas City Southern (KCS) have submitted to the Surface Transportation Board (STB) a reply to comments filed on the railroads’ voting trust agreement. They detailed why the trust should be...
July 8, 2021 | CN, Headlines
(Source: Kansas City Southern-Canadian National Railway joint press release, July 8, 2021) KANSAS CITY and MONTREAL — CN and Kansas City Southern (“KCS”) today announced that KCS has scheduled a virtual Special Meeting of Stockholders (“Special Meeting”) to vote on...
July 7, 2021 | CN, Headlines
(Source: Canadian National Railway press release, June 30, 2021) MONTREAL — CN will issue its second-quarter 2021 financial and operating results after the market close on July 20, 2021. CN’s senior officers will review the results and the railway’s...
July 7, 2021 | CN, Headlines
(Source: Bloomberg, July 6, 2021) CALGARY — Hundreds of rail cars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports. Full story:...
