August 3, 2011 | CN, Headlines
(Source: CN press release, July 25, 2011) MONTREAL — CN today reported its financial and operating results for the second quarter and first half ended June 30, 2011. Second-quarter 2011 highlights • Net income increased from the year-earlier quarter to C$538 million,...
July 26, 2011 | CN, Headlines
(Source: CN press release, July 25, 2011) MONTREAL — CN announced today that its Board of Directors has approved a third-quarter 2011 dividend on the Company’s common shares outstanding. A quarterly dividend of thirty-two and one-half cents (C$0.325) per common...
July 25, 2011 | CN, Headlines
(Source: CN press release, July 22, 2011) MONTREAL — CN will issue its second-quarter 2011 financial and operating results on July 25, 2011, shortly after 4 p.m. Eastern Time (ET). CN’s senior officers will review the results and the railway’s outlook that...
July 20, 2011 | CN, Headlines
(Source: CN press release, July 19, 2011) TORONTO — CN announced today plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional...
June 17, 2011 | CN, Headlines
(The following appeared on The Journal of Commerce website on June 16, 2011.) WASHINGTON, D.C. — Canadian National Railway will sell “substantially all of the assets” of Illinois Central RailMarine Terminal near New Orleans to Raven Energy. CN expects the $73 million...
June 17, 2011 | CN, Headlines, Short Line
(CN issued the following press release on June 16, 2011.) EDMONTON — Claude Mongeau, president and chief executive officer of CN, said today the company will have invested almost C$400 million to buy and rehabilitate four short-line railways serving resource-rich...
June 15, 2011 | CN, CP, Headlines
(Bloomberg News circualted the following on June 15, 2011.) NEW YORK — Canada’s two biggest railways are under pressure from government and customers to reduce delays, with investors profiting from Canadian National Railway Co.’s performance and losing on Canadian...
June 13, 2011 | CN, Headlines, UP
(The following appeared on the Journal of Commerce website on June 10, 2011.) NEW YORK — The flooding Missouri River is cutting off rail lines, yards and shippers for several major North American carriers, and the range of outages will expand in the next week....
June 7, 2011 | CN, Headlines
(The following appeared on the New York Times website on June 6, 2011.) OTTAWA — One way or another — by rail or ship or a network of pipelines — Canada will export oil from its vast northern oil sands projects to the United States and other markets. So the regulatory...
May 25, 2011 | Amtrak, CN, Headlines
(The following appeared on the Memphis Commercial Appeal website on May 24, 2011.) MEMPHIS, Tenn. — Amtrak has resorted to busing City of New Orleans passengers between Hammond, La., and the Crescent City to get around a bridge outage at the Bonnet Carre Spillway....