August 11, 2011 | CN, Headlines
(Source: Canadian National press release, August 10, 2011) VANCOUVER, B.C., Aug. 10, 2011 — CN and China’s CNBM Forest Products Trading Ltd. announced today that they have reached an agreement to use CN’s new lumber transload facility in Vancouver to...
August 9, 2011 | CN, Headlines
(Source: www.nwtimes.com, August 8, 2011) GARY, Ind. — Canadian National Railway will invest $165 million to redevelop the existing Kirk Yard rail facility in Gary, Ind, a move which could bring up to 251 jobs to Northwest Indiana. According to The Times, the railroad...
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....
