Frederic Tomesco

Business, Logistics

CN Rail Taps Interim Boss as CEO After Network Logjams Ease

Canadian National train Brent Lewin/Bloomberg News

Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader.

Frederic Tomesco | Bloomberg News
July 24, 2018
Government, Business, Logistics

CP Rail Strike Ends as Company Reaches Deal With Teamsters

tojones007/Flickr

Canadian Pacific Railway Ltd. reached a tentative four-year deal with the Teamsters Canada Rail Conference, ending a strike that began late May 29.

Frederic Tomesco | Bloomberg News
May 30, 2018
Business, Logistics

Canadian National Railway Chief Sees Capital Spending on ‘High Side’ Again in 2019

Norm Betts/Bloomberg News

Canadian National Railway Co. will likely top C$3 billion ($2.3 billion) in capital spending for the second straight year in 2019 as it aims to speed up trains and capture rising demand for freight such as grain and crude oil, its top executive said.

Frederic Tomesco | Bloomberg News
May 29, 2018
Business, Logistics

Canadian National Railway Interim CEO Speeds Spending in Rush to Ease Congestion

Nile Livesey/Flickr

Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers.

Frederic Tomesco | Bloomberg News
April 23, 2018
Business, Technology, Logistics

Transcontinental Opens Door to Amazon With Coveris Takeover

Amazon Warehouse TT File Photo

Canada’s biggest printer says its latest deal opens the door to making Amazon.com a customer as the online retail giant tries to break into the fresh food delivery business.

Frederic Tomesco | Bloomberg News
April 10, 2018
Business, Logistics

CN Rail’s New CEO Apologizes to Customers, Vows Better Service

Nile Livesey/Flickr

Canadian National Railway Co.’s new leader apologized to customers and vowed to clear backlogs and speed up service immediately by deploying additional resources.

Frederic Tomesco | Bloomberg News
March 7, 2018
Business, Logistics

CN Rail CEO Steps Down After Less Than Two Years

Eric Pancer/Flickr

Overwhelmed by a surge in freight, Canadian National Railway Co. said its CEO is stepping down after less than two years, vowing to replace Luc Jobin with a leader who can deliver “speed and determination.”

Frederic Tomesco | Bloomberg News
March 5, 2018
Government, Business, Equipment, Logistics

Canadian Pacific Railway Sees End of the Line for Government-Owned Grain Cars

Canada rail yard Roy Luck/Flickr

Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.

Frederic Tomesco | Bloomberg News
July 20, 2017
Government, Business

Don’t Dawdle on NAFTA Overhaul, Quebec’s Finance Minister Says

Michael Nagle/Bloomberg News

Quebec Finance Minister Carlos Leitao has a message for government officials considering a renegotiation of the North American Free Trade Agreement: Time is of the essence.

Frederic Tomesco | Bloomberg News
May 8, 2017
Business

Canadian National Struggling to Remain North America's Most-Efficient Railroad

Eric Pancer/Flickr

Canadian National Railway Co. is running into challenges in maintaining its status as North America’s most efficient railroad.

Frederic Tomesco | Bloomberg News
April 26, 2017

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