February 18, 2015 | CN, Headlines, Teamsters Canada
(Source: Teamsters Canada press release, February 14, 2015) MONTREAL — Teamsters Canada Rail Conference is pleased to announce that a tentative 3 year agreement has been reached with Canadian National covering 1800 locomotive engineers across the country. Details will...
February 18, 2015 | CN, Headlines, Oil Train
(Source: Reuters, February 15, 2015) OTTAWA — The Transportation Safety Board and environment officials were investigating Sunday at the scene of a derailment of a Canadian National Railway train near Gogama, in Northern Ontario. Seven rail cars caught fire when a...
February 11, 2015 | CN, Headlines
(Source: Progressive Railroading, February 10, 2015) CN Chief Executive Officer Claude Mongeau announced yesterday that the railroad has exported approximately 18 percent more grain during the first half of the 2014-15 crop year than it had during the same period in...
February 3, 2015 | CN, CP, Headlines
(Source: Financial Post, February 2, 2015) OTTAWA — In 2011, Pershing Square Capital Management, an activist hedge fund founded by William (Bill) Ackman, acquired some 14.2% of Canadian Pacific Railway’s outstanding shares and proceeded to require several changes in...
January 28, 2015 | CN, Headlines, Quarterly Income
(Source: Financial Post, January 27, 2015) OTTAWA — Canadian National Railway Co. announced the biggest dividend increase in its history Tuesday, signaling its confidence in the future despite slowing growth in crude-by-rail and other energy-related commodities. Full...
January 28, 2015 | CN, Headlines, Quarterly Income
(Source: CN press release, January 27, 2015) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2014. Fourth-quarter and full-year 2014 financial highlights • Fourth-quarter 2014 net income was C$844 million...
January 23, 2015 | CN, Headlines, Teamsters Canada
(Source: Canadian Press, January 21, 2015) MONTREAL — Conciliation between Canadian National Railway and its locomotive engineers is set to expire a midnight Saturday night after the union says the railway rejected its request for a 60-day extension. As a result, the...
January 22, 2015 | CN, Headlines
(Source: CBC News, January 22, 2015) OTTAWA — The province is seeking compensation from Canadian National Railway over four forest fires in 2012, including $38 million for a massive fire near Timmins. Full story: www.cbc.ca
January 16, 2015 | CN, Headlines, Teamsters Canada
(Source: CN press release, January 15, 2015) MONTREAL — CN announced today that it has negotiated a tentative labour agreement with the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) union that represents rail traffic controllers in...
January 15, 2015 | CN, Headlines
(Source: Chicago Daily Herald, January 15, 2015) CHICAGO — Saying he’s “disappointed” by two more years of federal scrutiny, Canadian National Railroad CEO Claude Mongeau defended the agency’s record following a controversial purchase of the...
