May 1, 2023 | CN, Fatality, Headlines
(Source: CTV News, April 28, 2023) Authorities are investigating after a “fatal incident” occurred on Canadian National Railway (CN) property in Montreal’s east end. An employee is said to have died during the incident, which took place in...
April 28, 2023 | BNSF, CN, CP, CSX, East Palestine-NS, Headlines, KCS, NS, PSR, UP
(Source: Press release from the National Counsel for Occupational Safety and Health, April 26, 2023) The National Council for Occupational Safety and Health (National COSH) announced today the “Dirty Dozen” list of employers who put workers and communities at risk due...
April 26, 2023 | CN, Headlines, Quarterly Income
(Source: Yahoo Finance, April 25, 2023) Canadian National Railway Co. said the flow of consumer goods across its network is slowing down to the point that executives now believe North America is in a “mild recession.” Full story: Yahoo Finance
April 26, 2023 | CN, Headlines, Quarterly Income
(Source: Trains Magazine, April 25, 2023) Strong Q1 2023 prompted CN to raise its financial outlook for the year to mid single-digit earnings per share growth, up from its previous guidance of low single-digit growth. CN said it expects an economic downtown, but won’t...
April 25, 2023 | CN, Headlines, Quarterly Income
(Source: Railway Age, April 24, 2023) In the first quarter of 2023, CN reported revenues of C$4.313 billion, up C$605 million or 16% from first-quarter 2022’s C$3.708 billion. The Class I reported that this first-quarter record “was mainly due to higher fuel surcharge...
April 25, 2023 | Canada, CN, CPKC, Headlines, Mexico, UP
(Source: Associated Press, April 24, 2023) Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across North America. Canadian National, Union...
April 25, 2023 | Canada, CN, Headlines, Teamsters Canada
(Source: Teamsters Canada Rail Conference press release, April 23, 2023) LAVAL, Quebec — The Teamsters Canadian Rail Conference (TCRC) and Canadian National (CN) have successfully reached a tentative agreement. The agreement must now be voted on by approximately 6,000...
March 28, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Railway Age, March 24, 2023) CN’s request regarding conditional approval of the Canadian Pacific-Kansas City Southern merger on the sale of KCS’s Springfield Line to CN has been denied by the Surface Transportation Board (STB), which on March 23 provided...
March 22, 2023 | Canada, CN, Headlines, Unions
(Source: Unifor press release, March 20, 2023) MONTREAL — Unifor has reached tentative collective agreements with CN Rail, averting strike action. “These negotiations were fraught with challenges, including demands for concessions by CN,” said Unifor National...
March 15, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Railfan & Railroad Magazine, March 15, 2023) STB establishes an “unprecedented” seven-year oversight period over CPKC, requiring regular updates to the board on operations, traffic and other key metrics. Full story: Railfan & Railroad...
