April 28, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian Press, April 27, 2020) MONTREAL — Canadian National Railway Co. says it is withdrawing its profit forecast for the year due to the uncertainty fostered by the COVID-19 pandemic. The country’s largest railway says the link between freight demand...
April 20, 2020 | CN, CP, Headlines
(Source: Globe and Mail, April 19, 2020) TORONTO — An idled economy needs far less transportation capacity, and a massive idling of ships, trucks and airplanes is already under way. But modern countries still require fertilizers, grains and food. They still need...
April 17, 2020 | CN, CP, Headlines
(Source: Canadian Press, April 15, 2020) MONTREAL — Canada’s two main railways face a bleak year ahead as a looming recession weighs on freight volumes. Full story: www.globalnews.ca
April 7, 2020 | CN, Headlines
(Source: Progressive Railroading, April 6, 2020) CN moved 2.62 million tons of grain last month, a 6 percent increase from March 2017, the previous record CN set for March. Full story: Progressive Railroading
April 3, 2020 | CN, Headlines
(Winnipeg Free Press, April 2, 2020) OTTAWA — CN Rail staff in Winnipeg claim the railway uses shoddy sanitation measures on trains and company buildings, an issue union stewards are reporting across Canada. Full story: Winnipeg Free Press
April 3, 2020 | CN, Headlines
(Source: Financial Post, April 2, 2020) OTTAWA — North America is just starting to feel the crunch of the coronavirus pandemic, with freight shipments not expected to recover until the fourth quarter or even 2021, Canadian National Railway chief executive JJ Ruest...
April 2, 2020 | CN, CP, Headlines
(Source: Fortune, April 1, 2020) NEW YORK — It was only a matter of days after protest blockades died down, rail lines rehired employees they had laid off, and Canada’s federal government reached a tentative agreement with the Wet’suwet’en First Nation that the...
April 1, 2020 | CN, CP, Headlines
(Source: Freight Waves, March 31, 2020) CHATTANOOGA, Tenn. — The Canadian railways say they will have the network capacity available to handle an anticipated surge in volumes once the coronavirus pandemic plays out and consumer patterns shift back to normal. Full...
March 31, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian National press release, March 30, 2020) MONTREAL — CN will issue its first-quarter 2020 financial and operating results on April 27, 2020, at 4:01 p.m. Eastern Daylight Time (EDT). CN’s senior officers will review the results and the...
March 31, 2020 | CN, CP, Headlines
(Source: American Journal of Transportation, March 30, 2020) WASHINGTON, D.C. — From an investors’ perspective, North American railroads have had a pretty good run over the last thirty years. After decades of being characterized as inefficient, unprofitable and slow...
