November 25, 2020 | CN, CP, Headlines
(Source: Freight Waves, November 23, 2020) CHATTANOOGA, Tenn. — CN and Canadian Pacific shareholder TCI Fund Management Ltd, has asked both railways to lay out climate action plans at their annual general meetings in 2021. TCI has a 2.93% stake in CN and is CP’s...
November 20, 2020 | CN, Headlines
(Source: Canadian Press, November 18, 2020) MONTREAL — CN Rail may only have to consider another painful round of layoffs if COVID-19’s second wave causes shipping volumes to drop dramatically again, its chief executive said Wednesday. Full story:...
November 18, 2020 | CN, Headlines
(Source: CN press release, November 17, 2020) MONTREAL — Exactly 25 years ago today, the Government of Canada put shares up for sale to investors; at C$2.25 billion, it was the biggest IPO in Canadian history. At the time, CN was the largest and oldest Crown...
November 11, 2020 | CN, Headlines
(Source: CN press release, November 11, 2020) MONTREAL — Each November 11, CN takes the opportunity to honor and appreciate the sacrifices and selflessness of the men and women who served in the Canadian and American militaries. At CN, we feel fortunate to have many...
November 4, 2020 | CN, Headlines, STB
(Source: Progressive Railroading, November 3, 2020) CN’s Wisconsin Central Ltd. cannot unilaterally designate the Belt Railway Co. of Chicago’s (BRC) Clearing Yard as the location where it will receive traffic in interchange with Canadian Pacific’s...
November 4, 2020 | CN, CP, Headlines
(Source: Canadian Press, November 3, 2020) CALGARY — Canada’s two largest railways transported a record monthly total of 6.3 million tons of Canadian grain in October. Montreal-based CN Rail ended the month moving 3.27 million tons while Canadian Pacific Railway...
October 28, 2020 | CN, CP, Headlines
(Source: National Observer, October 28, 2020) TORONTO — Transport Canada did not follow up on a number of violations made by companies transporting dangerous items like crude oil, according to the latest audit by Canada’s federal environment commissioner. Full story:...
October 22, 2020 | CN, Headlines, Quarterly Income
(Source: BNN Bloomberg, October 21, 2020) MONTREAL — Canadian National Railway Co.’s top executive said he isn’t prepared to further slash costs to keep the railway’s operating ratio low while risking the company’s long-term future. Full story: BNN...
October 21, 2020 | CN, Headlines, Quarterly Income
(Source: CN press release, October 20, 2020) MONTREAL — CN today reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud of the...
October 21, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian Press, October 20, 2020) MONTREAL — Canadian National Railway Co. isn’t quite ready to reinstate its 2021 guidance after experiencing a third quarter that saw its mix of business change with the economic recovery. Full story: Yahoo...
