May 4, 2018 | CN, Headlines
(Source: Canadian Press, May 2, 2018) TORONTO — CN Rail says it will purchase 350 lumber cars to meet growing demand in forest products business. The new cars will be manufactured by National Steel Car Ltd. at its assembly plant in Hamilton, Ont., with deliveries...
May 1, 2018 | Canada, CN, Headlines
(Source: Bloomberg, April 30, 2018) NEW YORK — A proposed law raising foreign ownership limits in airlines and Canada’s biggest railway carrier is headed back to the Senate, the latest step in a tug-of-war that has the mining sector speaking out. Full story:...
May 1, 2018 | CN, CP, Headlines
(Source: The Western Producer, April 30, 2018) SASKATOON, Sask. — The number of hoppers cars being spotted at western Canadian grain elevators continues to improve at Canadian National Railway, while weekly hopper car deliveries at Canadian Pacific Railway continue to...
April 30, 2018 | CN, Headlines
(Source: CBC News, April 27, 2018) CALGARY — The rail company that moves the majority of Nutrien’s product from its Saskatchewan sites says all deliveries are up to date, despite the potash giant blaming rail performance for hundreds of temporary layoffs. On...
April 27, 2018 | CN, CP, Headlines
(Source: Canadian Press, April 27, 2018) TORONTO — Fertilizer giant Nutrien Ltd. says it will temporarily lay off up to 1,300 workers at two of its potash mines in Saskatchewan. The layoff is directly related to rail transportation backlogs, the possibility of a...
April 25, 2018 | CN, Headlines
(Source: Bloomberg, April 24, 2018) NEW YORK — Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network. Full story: Bloomberg
April 25, 2018 | CN, Headlines
(Source: Financial Post, April 25, 2018) OTTAWA — Canadian National Railway Co.’s interim chief executive Jean-Jacques Ruest said Tuesday the company is tackling its capacity challenges “with a great sense of urgency,” focusing on building rail infrastructure in...
April 25, 2018 | CN, Headlines, Teamsters Canada
(Source: Business News Network, April 24, 2018) OTTAWA — The CEO of Canadian National Railway Co. says the country’s largest railroad would not be able to pick up much of the slack if a labour dispute at rival Canadian Pacific Railway leads to a strike. Full story:...
April 24, 2018 | CN, Headlines
(Source: Bloomberg, April 23, 2018) NEW YORK — Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers. Full story: www.bnn.ca
April 24, 2018 | CN, Headlines, Quarterly Income
(Source: Ottawa Citizen, April 23, 2018) OTTAWA — Canadian National Railway Co. adjusted its end-of-year financial targets on Monday after the company’s net profit fell 16 percent in a first quarter marred by capacity constraint issues and the surprise resignation of...