November 17, 2016 | CN, Headlines
(Source: Saskatoon Star Phoenix, November 16, 2016) SASKATOON — A “sudden and catastrophic failure” of a 57-year-old rail that had been exposed to higher-than-expected traffic led to a fiery derailment east of Saskatoon in 2014, according to a Transportation Safety...
November 15, 2016 | CN, Headlines
(Source: Edmonton Journal, November 14, 2016) EDMONTON — Alberta Environment announced six charges Monday against CN Rail for releasing a “significantly adverse” substance into the environment, failing to take proper cleanup and control actions and giving false or...
November 2, 2016 | CN, Headlines, Oil Train
(Source: CBC News, November 1, 2016) SUDBURY — After months of lobbying and protesting by people in the small northern Ontario town, CN Rail has agreed to do further clean-up of an oil spill near Gogama. Full story: CBC News
October 27, 2016 | CN, Headlines
(Source: Canadian Press, October 25, 2016) MONTREAL — Canadian National Railway Co. boosted its earnings forecast for 2016 despite seeing its profits and revenues decline in the third quarter. Full story: Financial Post
October 27, 2016 | CN, Headlines
(Source: Canadian Press, October 25, 2016) MONTREAL — Canadian National Railway Co. says it has recalled laid-off employees to handle the start of what is expected to be bumper grain crops in Canada and the United States. Full story:...
October 26, 2016 | CN, Headlines, Quarterly Income
(Source: CN press release, October 25, 2016) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2016. Third-quarter 2016 financial highlights: • Net income was C$972 million, or C$1.25 per diluted share, compared...
October 26, 2016 | CN, Headlines, Quarterly Income
(Source: Reuters, October 25, 2016) MONTREAL — Canadian National Railway Co reported a 6.5 per cent fall in quarterly revenue on Tuesday as it moved lower volumes of crude oil, coal and fracking sand. Full story: Globe and Mail
October 25, 2016 | CN, Headlines
(Source: CN press release, September 26, 2016) MONTREAL — CN will issue its third-quarter 2016 financial and operating results on Oct. 25, 2016, at 4.01 p.m. Eastern Daylight Time (EDT). CN’s senior officers will review the results and the railway’s...
October 21, 2016 | CN, CP, Headlines
(Source: CBC News, October 19, 2016) MONTREAL — Transport Canada has ordered safety improvements at the CP and CN rail yards in Montreal’s west end after a number of incidents this summer, including two collisions and a derailment. Full story: CBC...
October 18, 2016 | CN, CP, Headlines
(Source: Financial Post, October 17, 2016) OTTAWA — A “healthy upturn” in bulk traffic has led analysts at Raymond James to raise their price targets for both Canadian railways, but the investment dealer also downgraded both stocks due to recent gains. Full story:...
