January 30, 2019 | CN, Headlines, Quarterly Income
(Source: Reuters, January 29, 2019) MONTREAL — Canadian National Railway Co beat analysts’ estimates for quarterly profit on Tuesday, as it transported higher volumes of petroleum crude and Canadian grain. The company said it saw a “significant...
January 30, 2019 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, January 29, 2019) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2018. “I’m very pleased with our fourth quarter results and the strong finish to...
January 28, 2019 | CN, CP, Headlines
(Source: Reuters, January 25, 2019) WINNIPEG, Manitoba — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway Co. said on Friday. Full story: Reuters
January 28, 2019 | CN, Headlines
(Source: Progressive Railroading, January 25, 2019) Unifor National Council 4000, CN and CN Transportation Ltd (CNTL) began bargaining in Montreal yesterday for five new collective agreements. The council represents 3,300 rail workers across Canada, including workers...
January 25, 2019 | CN, Headlines, Oil Train
(Source: CBC News, January 24, 2019) SASKATOON, Sask. — The rail safety expert who helped police investigate the Lac-Mégantic train disaster wants the province of Saskatchewan and CN Rail to reassess the safety of a crossing where a train jumped the tracks and caught...
January 25, 2019 | CN, CSX, Headlines
(Source: Financial Post opinion column by Howard Green, January 24, 2019) OTTAWA — A major railroad investor told me he believes Jim Vena could be en route to the CEO’s office at UP. If that were to occur, with Keith Creel atop CP, Jim Foote running CSX and...
January 23, 2019 | CN, Headlines
(Source: CBC News, January 22, 2019) SASKATOON — No one was injured after a train derailed and one locomotive caught fire just north of Saskatoon on Tuesday morning. Full story: CBC News
January 23, 2019 | CN, Headlines, Oil Train
(Source: Canadian Press, January 17, 2019) CALGARY — The CEO of an Indigenous energy company says a project to transform oilsands bitumen into pucks for safer shipping to customers around the world will potentially create needed jobs in northern Alberta while helping...
January 22, 2019 | CN, CP, Headlines
(Source: Reuters, January 22, 2019) NEW YORK — Canada‘s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to...
January 10, 2019 | CN, CP, Headlines
(Source: Rocky Mountain Outlook, January 10, 2019) BANFF — Parks Canada has responded to three significant grain spills along the train tracks in Banff National Park in as many months. The latest spill, which occurred Dec. 17 at a siding on the Canadian Pacific...
