April 21, 2021 | CN, Headlines
(Source: Freight Waves, April 20, 2021) CHATTANOOGA, Tenn. — A merger between Canadian National Railway and Kansas City Southern would create a formidable opponent for what should be the industry’s largest threat: long-haul trucking, CN executives said Tuesday morning...
April 21, 2021 | CN, Headlines
(Source: CBC News, April 20, 2021) MONTREAL — Canadian National Railway Co. has offered to buy U.S. railway Kansas City Southern in a cash-and-stock bid valued at $33.7 billion US. The offer of $325 a share plus agreeing to take over $3.8 billion worth of KCS’s...
April 20, 2021 | CN, Headlines
(Source: Canadian National Railway press release, April 20, 2021) MONTREAL — CN today announced that it has made a superior proposal to combine with Kansas City Southern (KCS) in a cash-and-stock transaction valued at $33.7 billion, or $325 per share. Together, CN and...
April 20, 2021 | CN, Headlines
(Source: Canadian Press, April 20, 2021) OTTAWA — Canadian National Railway Co. made a rival takeover offer Tuesday for Kansas City Southern in a cash-and-stock bid valued at US$33.7 billion. The offer tops a proposal made last month by Canadian Pacific Railway and...
April 7, 2021 | CN, Headlines
(Source: Canadian National press release, April 6, 2021) MONTREAL — CN announced today that it moved 2.95 million metric tonnes (MMT) of western Canadian grain in March 2021, exceeding the previous record of 2.74 MMT set in 2020 and 19% ahead of the three-year average...
March 30, 2021 | CN, Headlines
(Source: Canadian National press release, March 29, 2021) MONTREAL — CN will issue its first-quarter 2021 financial and operating results on April 26, 2021, at 4:01 p.m. Eastern Time (ET). CN’s senior officers will review the results and the railway’s...
March 30, 2021 | CN, Headlines
(Source: Canadian National press release, March 30, 2021) MONTREAL — CN and Watco are pleased to announce that they have reached an agreement for the sale of non-core lines and assets on the Soo subdivision (approximately 250 miles of track) that runs from Sault Ste....
March 29, 2021 | CN, Headlines
(Source: Toronto Star, March 27, 2021) TORONTO — With its proposed $25.2 billion (U.S.) takeover of Kansas City Southern announced this week, Calgary-based CP Rail (CP) would be adding a huge rail network in the U.S. and Mexico, allowing it to offer a more complete...
March 25, 2021 | CN, Headlines
(Source: CTV News, March 24, 2021) WINNIPEG, Manitoba — Manitoba health officials are warning the public about COVID-19 outbreaks in the province, including at CN Rail. In an email to CTV News, Unifor, the union that represents CN workers, said there are 16 confirmed...
March 24, 2021 | CN, Headlines
(Source: Canadian National press release, March 23, 2021) MONTREAL — CN today announced the nomination of two new directors to its Board: Denise Gray and Justin Howell. With the election of CN’s full slate of directors, as detailed in the management information...
