For CN, a strong 2018 finish
CN, in reporting financial and operating results for fourth-quarter and full-year 2018, noted that the year ended on a strong note, “driven by solid top-line growth and significantly improved operating efficiency.”
CN
CN teams with First Nation to de-weaponize bitumen
While the financially panicked government of Alberta has imposed radio silence on its contentious plan to launch a state-owned fleet of oil trains, CN has teamed with a First Nation to obsolete both tank cars and pipelines in the transportation of bitumen.
Railroader of the Year: CN’s JJ Ruest
RAILWAY AGE JANUARY 2019 ISSUE: The 56th annual recipient of Railway Age’s Railroader of The Year award is CN President and Chief Executive Jean-Jacques “JJ” Ruest, leader of one of North America’s best-performing Class I railroads. From applied chemistry to railroading, CN’s chief executive has always put the customer first.
Video Interview: 2019 Railroader of the Year – Jean-Jacques “JJ” Ruest, CN
CN President and CEO Jean-Jacques “JJ” Ruest , Railway Age’s 56th Railroader of the Year, leads one of North America’s best-performing Class I railroads. In this wide-ranging interview with Railway Age Editor-in-Chief William C. Vantuono, Ruest reflects on his distinguished career, and provides his vision of CN’s future.
Strong start to the year as carloads outgain intermodal
The U.S. Class I railroads started the New Year in impressive fashion, as freight and intermodal traffic notched solid gains for the week ending January 5.
Former CN ops chief Vena new COO of Union Pacific
As it deploys a new operating system, Union Pacific has appointed Jim Vena as Chief Operating Officer, effective Jan. 14. He was a 40-year veteran of CN before retiring in 2016.
Canadian Pacific, CN top grain revenue caps
Ottawa is due repayment after Canada’s largest railroads, Canadian Pacific and CN, exceeded the maximum revenue for hauling grain allowed by federal law in 2017-2018.
Rising natural gas prices push coal volume to high mark
Carload freight, containers and trailers carried by U.S. railroads continued a strong year-end surge, according to the Association of American Railroads.
CN meets PTC deadline; seeks extension
The largest Canadian Class I railroad says it met its year-end deadline to install positive train control (PTC) equipment across its system, and is seeking a two-year extension “to complete deployment and interoperability.”
Late surge for US carload freight
Total U.S. rail traffic was 567,252 carloads and intermodal units for the week ending December 22, up 4.2% from the year-ago week.