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CN donates $5 million to Syrian refugees resettling in Canada
Canadian National Railway (CN) on Dec. 11, 2015, along with John McCallum, Minister of Immigration, Refugees and Citizenship, announced a $5 million donation to assist communities with the resettlement of…
Amsted Rail to produce one million wheels for CN
Canadian National Railway (CN) announced on Dec. 10, 2015 a new long-term contract with Amsted Rail to produce one million wheels for use at its Transcona mechanical facility.
CN delivers solid third-quarter results
Net income of C$1.01 billion, compared with net income of C$853 million in second-quarter 2014, combined with an operating income increase of 16% and a record-low quarterly operating ratio of…
High times ahead for Canadian rails
Canada’s three major railways should benefit from the Oct. 19, 2015 sea-to-sea election sweep by Justin Trudeau’s Liberal Party of Canada. Trudeau’s party even managed to get four members of…
CN announces C$2.7 billion capex plan
Canadian National Railway plans to invest C$2.7 billion in 2015 for rail infrastructure maintenance improvements, as well as in new capacity, equipment and technology to raise network safety and efficiency,…
CN locomotive engineers ratify new labor agreement
Canadian National Railroad Company (CN) locomotive engineers, represented by the Teamsters Canada Rail Conference (TCRC) union, have established a new collective agreement with the company, CN announced on April 16,…
CN: Record pace seen for Western Canadian grain
Canadian National on Wednesday, March 11, 2015 noted that “[s]even months into the current 2014-15 crop year, CN continues its record-setting pace of Western Canadian grain shipments.“
CN, Unifor reach tentative labor agreement
Canadian National and Unifor have negotiated a tentative labor agreement with the Unifor union. As a result, CN has withdrawn its lockout notice to Unifor, which would have come effective…
Record volume drives CN 4Q, full year
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635…
CP's next move?
A bid for CSX does not suggest that all of CP's growth potential lies eastward.
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