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CN expects crude shipments to drive growth in 2020

(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:...

CN reports Q4 and full-year 2019 results

(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...

Railroad mergers less likely in age of PSR, CN CEO says

(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...

Canadian National secures contract for hauling sulfuric acid

(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...

CN and CP move record 15.4 tons of grain in Q4 2019

(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...

CN to report Q4 2019 results on January 28

(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...