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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.
CN, CSX offer rail interchange at Chicago
Canadian National has announced a new rail interchange service with CSX Transportation (CSX) over the Chicago gateway. Prior to this agreement, CN and CSX exchanged containers in Chicago only by truck.
CN sells two rail segments to Metrolinx
CN said Tuesday it would sell two rail segments in the Greater Toronto Area to Metrolinx for C$310.5 million.
CN to acquire 161 locomotives
CN Thursday said it plans to acquire 65 new high-horsepower locomotives, augmenting that purchase with one of 96 second-hand high-horsepower locomotives that will be upgraded, or 161 locomotives in all.
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