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Most derailed cars removed from tunnel, CN Rail says

(Source: Sarnia Observer, July 4, 2019) SARNIA, Ontario — All but nine train cars have now been removed from the international tunnel between the U.S. and Canada six days after a 47-car train derailed en route from Sarnia to Port Huron, Mich. Full story: Sarnia...

CN to report Q2 2019 earnings on July 23

(Source: CN press release, June 25, 2019) MONTREAL — CN will issue its second quarter 2019 financial and operating results on July 23, 2019, at 4:01 p.m. Eastern Daylight Time (EDT). CN’s senior officers will review the results and the railway’s outlook in...

Weak intermodal hurt CN’s traffic levels

(Source: Market Realist, June 24, 2019) NEW YORK — Weak intermodal volumes hurt Canadian National Railway’s overall rail traffic in Week 24. The company’s intermodal volume fell 1.2% YoY to 50,878 units from 51,486 units in Week 24 of 2018. Among the seven Class I...

Strong carload volume boosts Canadian National

(Source: Market Realist, June 17, 2019) NEW YORK — In Week 23, Canadian National Railway’s (CNI) total traffic volumes improved 1.2% YoY (year-over-year) to 117,789 railcars from 116,381 railcars. Five of the seven Class I railroad companies registered YoY declines in...