May 1, 2019 | CN, Headlines, Oil Train
(Source: Canadian Press, April 30, 2019) MONTREAL — The head of the Canadian National Railway says shipping crude by rail remains a lucrative, albeit temporary solution to Canada’s pipeline quandary. Full story: Times Colonist
April 30, 2019 | CN, Headlines, Quarterly Income
(Source: CN press release, April 29, 2019) MONTREAL — CN announced today that its Board of Directors has approved a second-quarter 2019 dividend on the Company’s common shares outstanding. A quarterly dividend of fifty-three and three-fourths cents (C$0.5375) per...
April 30, 2019 | CN, Headlines, Quarterly Income
(Source: Canadian Press, April 29, 2019) MONTREAL — Canadian National Railway Co. saw first-quarter profits fall slightly short of analysts’ expectations as harsh winter weather worked to ramp up operating costs and offset a hefty increase in revenue. Canada’s...
April 30, 2019 | CN, Headlines, Quarterly Income
(Source: CN press release, April 29, 2019) MONTREAL CN today reported its financial and operating results for the first quarter ended March 31, 2019. “I’m pleased that the CN team continued to deliver very solid results during the first quarter of 2019,” said JJ...
April 29, 2019 | CN, Headlines, Oil Train
(Source: Reuters, April 26, 2019) CALGARY — Executives at some of Canada’s biggest oil producers say the private sector could potentially step in to take over Alberta government crude-by-rail contracts that the province’s new premier has vowed to scrap. Full story:...
April 17, 2019 | Canada, CN, Headlines
(Source: Progressive Railroading, April 16, 2019) CN will appeal a Canadian Transportation Agency (CTA) ruling issued yesterday that determined the Class I had breached its freight-rail service obligations last year in Vancouver, British Columbia. Full story:...
April 16, 2019 | CN, Headlines
(Source: Manitoba Co-operator, April 15, 2019) WINNIPEG — Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. Full story:...
April 3, 2019 | CN, CP, Headlines
(Source: Freight Waves, April 2, 2019) CHATTANOOGA, Tenn. — The Canadian Transportation Agency (CTA) is seeking public comments on amendments to regulations that govern the rail rates that Canadian National and Canadian Pacific set for hauling grain in western Canada....
April 2, 2019 | CN, Headlines, VIA Rail
(Source: Global News, March 29, 2019) TORONTO — CN Rail has confirmed to Global News that they have suspended the practice of laying out material between the rails in preparation for track work on railways with passenger traffic. Full story:...
April 1, 2019 | CN, Headlines, Unions
(Source: CN press release, March 31, 2019) MONTREAL — CN announced today that new tentative collective agreements have been reached between Unifor Council 4000 and CN. Three collective agreements cover over 2,150 CN employees in Canada including all clerks and...