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CN targeting C$2.9 billion in 2016 capital investments
CN announced on Feb. 10, 2016 the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment “to raise network efficiency, support long-term growth and…
CN files shelf prospectus for C$6 billion of debt securities
Canadian National Railway (CN) filed on Jan. 5, 2016 a final shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC),…
CN campaign raises C$1.8 million for charities
Canadian National Railway (CN) announced Dec. 17, 2015 that the 2016 CN Employees' and Pensioners' Community Fund (the Fund) campaign raised a record C$1,857,920 for charities across Canada.
1,500 first responders along CN network sign up for new mobile app
Canadian National Railway (CN) announced Dec. 18, 2015 that more than 1,500 first responders along its rail network have downloaded the AskRail mobile app to access real-time information about the…
CN helps raise $760,000 for Winnipeg children’s hospital
The Children's Hospital Foundation of Manitoba and Canadian National Railway (CN) announced Dec. 12, 2015 that the CN Miracle Match program has helped raise more than $760,000 for the Children's…
Jason Seidl: “It's either seven or four”
In a Dec. 10, 2015 interview with Bloomberg TV Canada, BNSF Executive Chairman Matt Rose stated that his company has spoken to both eastern Class I railroads about potential merger…
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.
CN hails 11 firms as sustainability leaders
Canadian National on Friday, Sept. 19, 2014 recognized 11 of its intermodal customers "for their sustainability practices that are aligned with the objectives of the CN EcoConnexions program."
Amtrak to STB: Investigate CN
Amtrak on Tuesday, Sept. 2, 2014, made clear in part its frustration over its own on-time performance by calling on the Surface Transportation Board to look into the matter, specifically…
CN, airport authority ready rail relocation plan
Work to reposition rail right-of-way near Gary/Chicago International Airport, Ind., to allow for a runway extension, could begin in October, airport officials said Monday, Aug. 25, 2014.
CN 2Q earnings show strength
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789…
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