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Potash resilient after consortium break-up
One of railroading’s least-recognized commodities found itself in the global spotlight this summer. On July 30, Russian potash producer Uralkali announced it was severing ties to the Belarusian Potash Company,…
CN to serve new frac sand transloading terminal
CN announced on Wednesday, July 3 that it will start serving a new state-of-the art frac sand terminal north of Grande Prairie, Alta., starting in November 2013.
CN accelerates frac sand branch upgrade
CN is accelerating work on a $33 million upgrade of its Whitehall Subdivision in Wisconsin to increase carloading capacity and train velocity for the growing frac sand supply chains of…
CN suspends plans for iron ore range line
CN is suspending a feasibility study for construction of a proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range.
CN to build new terminal for Bakken crude oil producers
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
CN revamps employee training program
CN announced Sept. 28 a revamped and revitalized employee training program that it said will be anchored by two modern training centers to be built in Winnipeg, Man., and in…
CN testing LNG-fueled main line locomotives
CN is testing two main line diesel-electric locomotives fueled principally by LNG (liquefied natural gas) in revenue service in northern Alberta, Canada.
Rail oil prospects excite Wall Street
Railroads these days are enjoying good “fracking” business—no pun intended—and Wall Street has taken notice.
CN posts strong earnings, revises outlook upward
Canadian National earned net income of C$631 million in this year's second quarter, or C$1.44 per diluted share, up from C$538 million, or C$1.18 per diluted share, in the second quarter of…
CN revises outlook upward after strong quarter
CN late Monday, April 23, posted strong first quarter results, prompting the railroad to revise its outlook for the year upward.
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