January 29, 2020 | CN, Headlines, Oil Train
(Source: Reuters, January 28, 2020) MONTREAL — Canadian National Railway Co said on Tuesday it sees crude shipments as a growth driver in the year for the country’s largest railway operator, which reported better-than-expected fourth-quarter profit. Full story:...
January 29, 2020 | CN, Headlines, Quarterly Income
(Source: CN press release (PDF), January 28, 2020) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2019. “We remain focused on executing our strategy of long-term sustainable growth at low incremental...
January 27, 2020 | CN, Headlines
(Source: Supply Chain Dive, January 21, 2020) WASHINGTON, D.C. — Railroads are less likely to merge now that the majority of North American Class I’s have adopted the principles of precision scheduled railroading (PSR) said Jean-Jacques Ruest, CEO of the...
January 14, 2020 | CN, Headlines
(Source: Montreal Gazette, January 13, 2020) MONTREAL — Canada’s biggest railroad sees a future $775-million container terminal in Quebec City as a key cog in a plan to steal market share from the Port of New York and New Jersey — even as local opposition to the...
January 10, 2020 | CN, Headlines
(Source: Canadian National Railway press release, January 9, 2020) MONTREAL — CN and NorFalco Sales, a division of Glencore Canada Corporation, announced they have signed a new multi-year agreement that will provide freight transportation of sulfuric acid from...
January 9, 2020 | CEO Pay, CN, Headlines
(Source: Riverton Roll, January 8, 2020) NEW YORK — Canadian National Railway Senior Officer Donald K. Reardon sold 6,295 shares of the stock in a transaction that occurred on Monday, December 23. The shares were sold at an average price of C$119.53, for a total...
January 9, 2020 | CN, CP, Headlines
(Source: Canadian Press, January 6, 2020) CALGARY — Canada’s two largest railways moved a record 15.4 million tons of grain in the final three months of 2019. Calgary-based Canadian Pacific set a new quarterly record by moving 7.9 million tons of grain and grain...
January 8, 2020 | CN, Headlines, Teamsters Canada
(Source: Freight Waves, January 7, 2020) CHATTANOOGA, Tenn. — The strike by Canadian National rail workers helped bring down Canada’s trade volumes during November, Statistics Canada reported. Full story: Freight Waves
January 7, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian National press release, January 6, 2020) MONTREAL — CN will issue its fourth-quarter and year-end 2019 financial and operating results on Jan. 28, 2020, at 4.01 p.m. Eastern Time (ET). CN’s senior officers will review the results and the...
December 27, 2019 | CN, Headlines
(Source: Edmonton Journal, December 26, 2019) EDMONTON, Alberta — CN Rail is looking to determine the cause of a Thursday derailment near the Alberta-British Columbia border. Full story: Edmonton Journal