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CN posts lower revenue, profit in Q3 2023

(Source: Progressive Railroading, October 25, 2023) CN yesterday reported third-quarter 2023 revenue of CA$4 billion, down 12%, and net income of CA$1.1 billion, down 24%, compared with the same period a year ago. Operating income declined 21% to CA$1.5 billion...

TCRC members ratify new contract with CN

(Source: Teamsters Canada Rail Conference press release, May 26, 2023) OTTAWA, Ontario — The TCRC is very pleased to announce the ratification of their new collective agreement affecting approximately 6,000 Locomotive Engineers, Conductors and Yard Workers employed...