Growing e-commerce and the run-up to end-of-year retail sales helped intermodal shipments gain in the weekly rail freight report from the Association of American Railroads.
CN has added 60 units to its initial 200-unit order of GE Transportation Tier 4 Evolution™ Series locomotives placed in December 2017. All the CN locomotives are being produced at the GE Manufacturing Solutions facility in Fort Worth, Tex.
Some of the world’s largest retailers, manufacturers, and energy companies were among 40 CN customers and supply chain partners honored for superior sustainability practices.
CN is raising its financial outlook “following swift network recovery and solid top-line growth” in this year’s second quarter, and expects that “continued strong demand and capital investments will build momentum for second half of the year”
CN Executive Vice President and Chief Marketing Officer Jean-Jacques Ruest, a 22-year veteran of the railroad who has been serving as Interim President and Chief Executive Officer since March 5, 2018, has been appointed President and CEO, effective immediately. Ruest has also been appointed to CN’s Board of Directors.
Officials in the Windy City want to unwind the nation’s most complicated railroad labyrinth.
Authorities in Canada want better safety training for rail employees following a 2016 runaway incident.
CN is investing C$400 million in new capacity this year, primarily in western Canada and the Edmonton-Chicago corridor. Projects currently in progress include 60 miles of double track, 11 new sidings or siding extensions, and eight yard expansions. All should be completed in November.
Freight traffic on U.S. Class I railroads totaled 1,319,420 carloads in May, up 3.2% from the same month a year ago.
GE Transportation has completed the first of 200 Evolution series diesel-electric locomotives, which it is building at its plant in Fort Worth, Texas, for CN Railway.