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CN train derails service east of Montreal

(The following report appeared on the CBC Montreal website on February 9.) MONTREAL — Rail traffic between Montreal and Halifax will be slowed this week because of a train derailment at Montmagny, east of Quebec City, over the weekend. About 10 freight cars...

CN on track for strong growth

(The following story by Curtis Rush appeared on the Toronto Star website on February 3.) TORONTO — CN is back on track and at least one analyst likes the growth prospects at the railway company. Canadian National Railway Co. is a buy, according to a U.S....

Trains’ speed stirs rumblings in Minn. town

(The Duluth News Tribune posted the following article by Lee Bloomquist on its website on January 30.) ORR, Minn. — Services at Calvary Lutheran Church come to a halt each Sunday when the Canadian National Railway runs though town. “First, you hear the...

CN gets back on track with higher earnings

(The following article by Nicolas Van Praet was posted on the Montreal Gazette website on January 29.) MONTREAL — Profits at Canadian National Railway Co. motored higher in the fourth quarter after a difficult year of rising fuel costs and a surging loonie. The...

CN net rises to $224M

(The Canadian Press circulated the following story on January 28.) MONTREAL — Canadian National Railway Co. increased its fourth-quarter profit to $224 million as it dramatically cut costs in the face of higher taxes in Ontario and a strong Canadian dollar....

Innovative labor pact ratified by BLET

(The Canadian Press circulated the following story on January 26.) CHICAGO — Locomotive engineers who work for Canadian National Railway Co.’s former Grand Trunk Western unit in the United States have ratified a new contract with Canada’s largest...

CN ‘neutral weight,’ target price raised

(The following report appeared at NewRatings.com on January 26.) NEW YORK — Analysts at Prudential Financial reiterate their “neutral weight” rating on Canadian National Railway (CNI), while raising their estimates for the company. The target price...

Third derailment in 10 days

(The Toronto Star posted the following article by Mike Funston on its website on January 26.) TORONTO — A Canadian National freight train that jumped the tracks Saturday night was the third derailment in just 10 days in Greater Toronto. No one was injured when...