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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...

Unifor ratifies three new agreements with CN

(Source: CN press release, May 10, 2019) MONTREAL — CN announced today that, following four tentative agreements reached between CN and Unifor council 4000 negotiators in March, union members reviewed the agreements and approved three of the four contracts in...

CN acquires new intermodal division

(Source: CN press release, May 9, 2019) MONTREAL — CN, through a subsidiary company, has reached an agreement to acquire the intermodal division of the Alberta-based H&R Transport Limited. “H&R is well known in Alberta and across the industry for investing...