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CN 3Q earnings up on record revenue
CN on Tuesday, Oct. 22, 2013, reported third-quarter net income of C$705 million (US$685 million), or C$1.67 (US$1.62) per diluted share, up about 6% from C$664 million, or C$1.52 per…
No injuries in CN Alberta train derailment
Thirteen cars on a CN train moving oil and propane through Alberta have derailed, with one car exploding and others nearby catching fire last Saturday, with a "controlled burn" still…
CN recognized by CDP for environmental leadership
CN has earned a position of leadership for the quality of climate change data it has submitted to the global marketplace through CDP (Carbon Disclosure Project), described as “the world’s…
CN rejects allegations made by former employee over GO Transit contracts
CN said on Tuesday, October 1, 2013, that the commuter rail infrastructure projects it undertook for GO Transit in the Greater Toronto Area (GTA) were “rigorously reviewed” and that it…
Experts weigh in on LNG
Programs to evaluate LNG (liquefied natural gas) as a locomotive fuel are expanding throughout the rail industry, led by such stakeholders as GE Transportation, Electro-Motive Diesel, BNSF, Union Pacific, CN,…
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.
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.
CN charts C$1.75 billion 2012 capex
Canadian National said Friday it plans to invest C$1.75 billion in 2012 to maintain and upgrade its railway network, support growth and productivity initiatives, and continue to provide customers with…
CN selects Wi-Tronix for locomotive fleet
Wi-Tronix, LLC said Tuesday it has secured a contract with Canadian National wherein CN will install Wi-Tronix systems on its locomotive fleet, including new locomotive purchases and retrofitting of its…
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