August 2, 2022 | Canada, CN, CP, Headlines, Railroad Safety, Transport Canada
(Source: Freight Waves, July 28, 2022) Transport Canada is now requiring railway companies to submit winter operating plans for their equipment, including how the railways will manage the maintenance of air brakes in very cold temperatures, as part of a broader effort...
July 29, 2022 | CN, CP, CP-KCS Merger, Headlines, PSR, Quarterly Income
(Source: Freight Waves, July 28, 2022) Deploying precision scheduled railroading (PSR) is an art and a process, and the operational model shouldn’t be blamed for poor rail service, Canadian Pacific President and CEO Keith Creel told investors during a second-quarter...
July 29, 2022 | Amtrak, CN, Headlines, STB
(Source: Trains Magazine, July 28, 2022) Canadian National calls an Amtrak proposal that would give it dispatching control over CN lines with poor passenger performance “an outrageously self-serving recipe” that would “cause profound harm to freight railroads, freight...
July 27, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, July 26, 2022) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2022. Financial performance improved year-over-year with record adjusted diluted earnings per share...
July 27, 2022 | CN, Headlines, Quarterly Income
(Source: Bloomberg News, July 26, 2022) Canadian National Railway Co. reported earnings that easily beat analysts’ estimates, as strong volumes allowed the railroad to increase prices and fuel surcharges to offset rising costs. Revenue in the second quarter was C$4.34...
July 12, 2022 | CN, Headlines, Quarterly Income
(Source: Trains Magazine, July 11, 2022) Canadian National was the only one of the big six railroads to gain traffic in 2022’s second quarter. CN’s traffic was up 0.4%, essentially flat compared to last year’s second quarter. CSX Transportation was flat, too, but its...
July 8, 2022 | Canada, CN, CP, Headlines, Transport Canada
(Source: Transport Canada press release, July 5, 2022) OTTAWA — The Government of Canada is taking action to further improve the safety and security of Canada’s rail system, especially in light of the impacts of climate change and severe weather on railway operations....
July 5, 2022 | CN, CP-KCS Merger, Headlines, NS, STB
(Source: Railway Age, July 5, 2022) NEW YORK — The Surface Transportation Board (STB) on July 1 accepted for consideration responsive applications by CN and Norfolk Southern (NS) regarding the Canadian Pacific-Kansas City Southern merger, which is under STB review and...
July 5, 2022 | Canada, CN, Headlines, Unions
(Source: CBC News, July 4, 2022) The Canadian National Railway and the union representing 750 of its signal and communication workers have agreed to enter binding arbitration, bringing an end to a two-week strike. The International Brotherhood of Electrical Workers...
June 21, 2022 | CN, Headlines, Unions
(Source: Progressive Railroading, June 20, 2022) CN has implemented its operational contingency plan now that the International Brotherhood of Electrical Workers (IBEW) has begun its strike. The union represents 750 CN employees. Full story: Progressive...
