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Railroad stocks mixed at close of November 5 trading

(Source: Associated Press, November 5, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of November 5 trading, including Canadian National, which rose 0.5 percent, and Norfolk Southern, which fell 0.2 percent. Full story: CBS...

CN Rail, Arc to build Alabama oil unloading terminal

(Source: Reuters, November 5, 2012) TORONTO — Arc Terminals LP said on Monday it is working with Canadian National Railway to build a rail tank-car unloading terminal in Mobile, Alabama, for Canadian oil shipments destined for Gulf Coast refineries. Full story:...

CN Rail, CP Rail surgin with crude oil moving by trains

(Source: Bloomberg News, November 6, 2012) MONTREAL — Canadian National Railway Co.and Canadian Pacific Railway Ltd. are rushing to build terminals to load oil beyond the reach of pipelines in some of North America’s remotest regions. Full story: Bloomberg Business...

Railroad stocks mixed at close of October 25 trading

(Source: Associated Press, October 25, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 25, including Canadian National, which rose 0.1 percent, and Canadian Pacific, which fell 1.1 percent. Full story: CBS...

In Canada, shippers and railways jockey over freight

(Source: Globe and Mail, October 12, 2012) TORONTO — As the transportation industry girds for anticipated new legislation, Canadian National Railway Co. is warning that freight shippers’ push for custom service would cause widespread disruption to the railroad...

CN hopes to double crude oil shipments in 2013

(Source: Reuters, October 12, 2012) MONTREAL — Canadian National Railway Co should be able to ship twice as many carloads of crude oil in 2013 as it will this year, the railroad’s chief marketing officer said on Friday. Full story: Reuters

CN Rail calls on customers to help prevent new regulations

(Source: Financial Post, October 11, 2012) MONTREAL — Claude Mongeau, Canadian National Railway Co. chief executive, reached out to his largest customers this week in a letter attempting to enlist their help in the railroad’s ongoing fight to prevent new regulations...

Natural gas could be cheaper, cleaner way to run a railroad

(Source: Houston Chronicle, October 9, 2012) HOUSTON, Texas — On a 300-mile stretch of railroad in the plains of eastern Alberta, a test train chugs across the landscape burning a fuel that once made sense only to environmentalists. It runs on natural gas. And today,...