May 14, 2014 | CN, Headlines
(Source: Reuters, May 9, 2014) NEW YORK — Canada’s Competition Bureau said on Friday it has halted a probe into alleged unfair pricing practices by Canadian National Railway due to insufficient evidence. Full story: Reuters
May 6, 2014 | CN, Headlines, Oil Train
(Source: Reuters, May 5, 2014) TORONTO — The Canadian unit of global grain trader Louis Dreyfus Corp has filed a complaint with the Canadian government about service from the country’s biggest railway, Canadian National Railway Co, following a record-breaking...
April 25, 2014 | CN, CP, Headlines
(Source: Globe and Mail, April 25, 2014) TORONTO — Driving through the rusty underbelly of southeast Calgary, past the scrapyards, used car lots and grain mills, you come upon a windswept field of train tracks and semi-abandoned buildings—a century-old...
April 23, 2014 | CN, CP, Headlines
(Source: Reuters, April 22, 2014) WASHINGTON, D.C. — Canada’s two largest railroads reported stronger-than-expected profits on Tuesday, results that could prompt fresh criticism from farmers already unhappy with the handling of a massive crop backlog...
April 23, 2014 | CN, Headlines, Quarterly Income
(Source: Financial Post, April 22, 2014) OTTAWA — The company’s operating ratio – an important gauge of its profitability measuring operating costs as a percentage of revenue – deteriorated slightly by 1.2 percentage points to 69.6% despite the harsh winter...
April 23, 2014 | CN, Headlines, Quarterly Income
(Source: CN press release, April 22, 2014) VANCOUVER, B.C. — CN today reported its financial and operating results for the first quarter ended March 31, 2014. First-quarter 2014 financial highlights: • Net income was C$623 million, or C$0.75 per diluted share,...
April 17, 2014 | CN, Headlines
(Source: Bloomberg Businessweek, April 16, 2014) OTTAWA — Canadian National Railway Co. said it’s alleviating a shortage of rail capacity for lumber shipments in British Columbia. A railroad spokeswoman told Bloomberg that CN’s ability to move wood...
April 14, 2014 | CN, Headlines
(Source: The Times, April 12, 2014) MUNSTER, Ind. — Shifts in train traffic stemming from Canadian National Railway’s purchase of the EJ&E line five years ago are causing a surge in blocked vehicle crossings in Northwest Indiana and nearby Illinois....
April 10, 2014 | CN, Headlines
(Source: Reuters, April 9, 2014) MONTREAL — Canadian National Railway Co, the country’s biggest railroad, this week will reach the minimum weekly grain volume ordered by the government, easing a massive crop jam, Chief Executive Claude Mongeau said on...
April 1, 2014 | CN, CP, Headlines
(Source: Canadian Press, March 31, 2014) MONTREAL — Canadian National Railway says it is making progress to meet the government’s target of increasing grain shipments, but also called on Western Canadian grain elevator companies to ‘step up’ their performance....
