August 3, 2020 | CN, Headlines
(Source: CN press release, July 30, 2020) MONTREAL — Today, CN filed and published its 2020-2021 Grain Plan, announcing that it set a new record by moving over 30 million metric tons (MMT) of grain from across Canada during the 2019-2020 crop year. CN also announced...
July 30, 2020 | CN, Headlines, Oil Train
(Source: TB News Watch, July 29, 2020) EMO, Ontario — A buildup of ice on the tracks is said to have caused the Canadian National Railway train derailment outside of Emo, Ont. early last year. A report by the Transportation Safety Board of Canada has been released and...
July 28, 2020 | CN, CP, Headlines
(Source: The Load Star, July 27, 2020) TORONTO — The balance sheets of Canada’s two class-one rail companies took a hit from Covid-19, but their top brass are upbeat on prospects for the second half of 2020, pointing to signs of strength in several key sectors. Full...
July 22, 2020 | CN, Headlines
(Source: CN press release, July 21, 2020) MONTREAL — CN today announced that it plans to acquire 1,500 new generation, high-capacity, grain hopper cars with delivery starting in January of 2021. These new railcars will encourage the economic recovery through job...
July 22, 2020 | CN, Headlines
(Source: Canadian Press, July 21, 2020) MONTREAL — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic. Shipments declined nearly...
July 22, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, July 21, 2020) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2020. “By being adaptable, we were able to swiftly rightsize our resources and continue to...
July 22, 2020 | CN, Headlines, Quarterly Income
(Source: Freight Waves, July 21, 2020) CHATTANOOGA, Tenn. — The COVID-19 pandemic hit Canadian railway CN’s second-quarter profits, with lower rail volumes resulting in a 19% decline in quarterly revenue. CN’s second-quarter net income on an unadjusted basis totaled...
July 8, 2020 | CN, CP, Headlines
(Source: Canadian Press, July 7, 2020) MONTREAL — Canada’s two largest railways moved record quantities of grain in the second quarter after benefiting from another strong month in June. Full story: Times Colonist
July 1, 2020 | CN, Headlines
(Source: Freight Waves, June 29, 2020) CHATTANOOGA, Tenn. — Canadian railway CN is investing C$985 million (US$720.1 million) in capital improvement projects in the provinces of Alberta, British Columbia and Quebec in 2020. Full story: Freight...
June 26, 2020 | CN, Headlines
(Source: CBC News, June 26, 2020) OTTAWA — The investigation into what caused an eight-car CN Rail derailment over a gas pipeline in east Saint John last weekend continues, but recent high temperatures could have been a factor, according to an official. Full story:...
