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Both major Canadian railways downgraded by stock analysts

(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:...

CN employees speaking out against chronic workplace fatigue

(Source: Canada’s Occupational Health & Safety Magazine, October 17, 2016) EDMONTON — Railroad workers with the Canadian National Railway Company (CN) are attempting to bring public awareness to the issue of chronic workplace fatigue in the industry. A group of...

Gogama protesters demand CN ‘clean up its mess’

(Source: Timmins Press, October 10, 2016) GOGAMA, Ontario — As longtime Gogama resident, Sue Constantin looked toward the water at the site of last year’s train derailment, tears of sadness and utter frustration slowly streamed down her face. Full story: Timmins...

Federal court denies CN appeal on grain shipping ruling

(Source: Canadian Press, September 22, 2016) OTTAWA — The Federal Court of Appeal has upheld a ruling that found Canadian National Railway breached its level of service obligations to a Prairie grain shipping company during a bumper crop two years ago. Full story:...

CN reports 2Q 2016 net income of C$858 million

(Source: CN press release, July 25, 2016) MONTREAL — CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2016. Second-quarter 2016 financial highlights: • Net income was C$858 million, compared with net...