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Rail traffic boom shows Canada’s economic zest

(Source: Bloomberg News, January 11, 2012) OTTAWA — A boom in traffic at Canadian National Railways Co. and Canadian Pacific Railway Ltd., the country’s two largest rail companies, may mean Canada’s recovery will be buoyant even after economists and the Bank of Canada...

CP Rail proxy fight pivots on CN’s ex-CEO Hunter Harrison

(Source: Bloomberg News, January 10, 2012) NEW YORK — William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd. (CP) pivots on the legacy of the CEO who once led the carrier’s larger rival. New directors...

DM&IR name is history as CN merges 3 railroads into 1

(Source: Duluth News Tribune, January 2, 2012) DULUTH, Minn. — Canadian-based CN railway has announced the formal merger of its three Northland subsidiary rail companies into one. The Duluth Missabe and Iron Range Railway Co., the Duluth, Winnipeg and Pacific Railway...

Viterra announces new service agreements with CP, CN

(Source: Viterra, Inc., press releases, December 19, 2011) CALGARY, Alberta — Viterra Inc. announced on December 19 that it had signed new service improvement agreements with the Canadian Pacific Railway and the Canadian National Railway. According to Viterra, the...

Viterra announces new service agreements with CP, CN

(Source: Viterra, Inc., press releases, December 19, 2011) CALGARY, Alberta — Viterra Inc. announced on December 19 that it had signed new service improvement agreements with the Canadian Pacific Railway and the Canadian National Railway. According to Viterra, the...