May 10, 2004 | CN, Headlines
(CN issued the following news release on May 10.) MONTREAL — CN today completed its acquisition of the rail and marine holdings of Great Lakes Transportation LLC (GLT). CN will now commence the step-by-step integration of two railroads and a rail switching...
May 7, 2004 | CN, GTW, Headlines
(The following story by Jenny Rode appeared on The Battle Creek Enquirer website on May 7.) BATTLE CREEK, Mich. — A day after rumors ran rampant, details about job cuts and operation changes are becoming clearer for the employees of Grand Trunk Railway System in...
April 27, 2004 | CN, Headlines, Remote Control
(Canadian National issued the following news release on April 27.) MONTREAL — CN announced today the sale of 100 per cent of the stock of its St. Laurent, Que.-based CANAC Inc. subsidiary to Savage Companies of Salt Lake City, Utah. The transaction, which is...
April 26, 2004 | CN, Headlines
(The following article by Pat Faherty was posted on the Budgeteer News website on April 23.) DULUTH, Minn. — Canadian National Railway officials used the term “perfect timing” to describe the company’s purchase of Great Lakes Transportation. The U.S....
April 23, 2004 | CEO Pay, CN, Headlines
(CN issued the following news release on April 22.) MONTREAL — David G. A. McLean, chairman of the board of directors of CN, announced that the company and E. Hunter Harrison, president and chief executive officer, have agreed on the extension of...
April 23, 2004 | CN, Headlines
(The following story by Paul Vieira appeared on the National Post website on April 23.) MONTREAL — Canadian National Railway Co. told analysts yesterday it expects to reduce its payroll by up to 1,200 employees in the next 18 months, largely from productivity...
April 23, 2004 | CN, Headlines
(The following article by David Finlayson was posted on the Edmonton Journal website on April 23.) EDMONTON — Old habits are holding CN hostage and employees must develop a passion to embrace change, CEO Hunter Harrison told shareholders Thursday. Despite the...
April 22, 2004 | CN, Headlines
(Bloomberg circulated the following story on April 22.) OTTAWA — Canadian National Railway Co., Canada’s biggest railway, said it was halting container shipments to Vancouver’s Deltaport shipping terminal because of a tugboat strike. About 800...
April 22, 2004 | CN, Headlines
(CN issued the following news release on April 22.) MONTREAL — CN today reported its financial results for the first quarter ended March 31, 2004. Quarterly highlights — Net income of $210 million, or 73 cents per diluted share. Excluding the cumulative...
April 22, 2004 | CN, Headlines
(The Canadian Press circulated the following story on April 22.) MONTREAL — Canadian National Railway Co. — afflicted by a strike, the strong Canadian dollar and high fuel costs — has reported a 17 per cent decline in first-quarter profit to $210 million....
