February 19, 2013 | CN, Headlines
(Source: CN press release, February 19, 2013) MONTREAL — Claude Mongeau, president and chief executive officer of CN, announced today the promotion of Jim Vena to the position of CN executive vice-president and chief operating officer. Mongeau said: “I am pleased to...
February 11, 2013 | CN, Headlines
(Source: Bloomberg, February 8, 2013) NEW YORK — Canadian National Railway Co. suspended preliminary work on a C$5 billion ($4.99 billion) rail line in northern Quebec amid delays in mining projects. Full story: Bloomberg
February 8, 2013 | CN, Headlines, Unions
(Source: CN press release, February 6, 2013) MONTREAL — CN and the International Brotherhood of Electrical Workers (IBEW) System Council 11 announced today the ratification of a new four-year collective labour agreement by IBEW members. The union represents...
February 6, 2013 | CN, Headlines
(Source: CN press release, February 5, 2013) MONTREAL — CN announced today a 2013 plan to invest approximately C$1.9 billion to maintain and upgrade its railway network, grow the business efficiently, and continue to improve customer service. Claude Mongeau, president...
February 5, 2013 | CN, CP, Headlines
(Source: Financial Post, February 4, 2013) OTTAWA — Canadian Pacific Railway Ltd.’s decision to hire away a top Canadian National Railway Co. executive came with the hefty price in the form of an agreement not to hire roughly 60 of its rivals’ top marketing and...
February 4, 2013 | CN, CP, Headlines
(Source: Financial Post, February 4, 2013) OTTAWA — Canadian Pacific Railway Ltd. said Monday it managed to persuade Keith Creel to leave rival Canadian National Railway Co. to become its new president and chief operating officer. Full story: Financial...
January 23, 2013 | CN, Headlines
(Source: Globe and Mail, January 22, 2013 TORONTO — The business of delivering crude oil by rail is proving an increasingly lucrative one for Canada’s largest railway. Canadian National Railway Co. finished 2012 with record revenue, driven by a strong pickup in...
January 23, 2013 | CN, Headlines
(Source: CN press release, January 22, 2013) MONTREAL — CN announced today that its Board of Directors has approved a 15 per cent increase in the Company’s quarterly cash dividend. A quarterly dividend of forty-three cents (C$0.43) per common share will be paid...
January 23, 2013 | CN, Headlines
(Source: CN press release, January 22, 2013) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2012. Fourth-quarter and full-year 2012 financial highlights: • Record fourth-quarter and full-year 2012...
January 21, 2013 | CN, Headlines
(Source: CN press release, January 17, 2013) CHICAGO — CN announced today a plan to construct an intermodal ramp at its freight yard in Joliet, Ill., to offer import/export customers key access to numerous Chicagoland distribution centers. Jean-Jacques Ruest, CN...
