Leaders of the rival Canadian National and Canadian Pacific railroads on May 26 made their pitches about why their respective railroads should be approved to purchase Kansas City Southern Railroad.
May 26, 2021canadian national
Business, Equipment, Logistics
Canadian National and Canadian Pacific are vying for Kansas City Southern. The U.S. Surface Transportation Board hasn't approved a merger of Class I railroads in more than two decades. (Canadian National Railway, left; Canadian Pacific Railway, right)
Rival Canadian Railroad Leaders Make Pitch for Kansas City Southern
Canadian National and Canadian Pacific are vying for Kansas City Southern. The U.S. Surface Transportation Board hasn't approved a merger of Class I railroads in more than two decades. (Canadian National Railway, left; Canadian Pacific Railway, right)
Business
Canadian National Railway Co. employees picket during a strike in front of the Intermodal Terminals in Brampton, Ontario. (Cole Burston/Bloomberg News)
Layoffs Loom as Canadian Rail Strike Hits Chemicals, Farmers
Canadian National Railway Co. employees picket during a strike in front of the Intermodal Terminals in Brampton, Ontario. (Cole Burston/Bloomberg News)
Workers are receiving layoff notices and chemical companies face shutdowns as the effects of Canada’s largest rail strike in a decade ripples through the economy.
November 25, 2019
Business
Canadian National Railway Co.
CN Rail Strike Begins, Threatening Canada Oil, Grain Shipments
Canadian National Railway Co.
About 3,200 workers at Canadian National Railway Co. went on strike Nov. 19, threatening to crimp shipments of oil, potash and grain across the country.
November 19, 2019
Business
Canadian National Railway
Canadian National Reports Record Revenue, Strong 3Q Results
Canadian National Railway
Canadian National Railway on Oct. 23 reported a third-quarter record for revenue, posting a 14% increase to C$3.68 billion.
October 24, 2018
Business, Logistics
Norm Betts/Bloomberg News
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.
May 29, 2018
Business, Logistics
Denis Giles/Flickr
CN Rail Mulls Real Estate Sales to Raise Cash for Network Revamp
Denis Giles/Flickr
Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network.
April 24, 2018
Business, Logistics
Nile Livesey/Flickr
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.
April 23, 2018
Business, Logistics
Nile Livesey/Flickr
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.
March 7, 2018
Business, Logistics
Eric Pancer/Flickr
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.”
March 5, 2018Canada Hikes Ownership Limit for Bill Gates-Backed CN Rail
Brent Lewin/Bloomberg News
The Canadian government is lifting ownership restrictions for Canadian National Railway Co. and major airlines such as Air Canada, among a series of steps to expand competition in the country’s transport sector.
May 17, 2017