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.
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.
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.
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
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
Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network.
Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers.April 23, 2018
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
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, 2018
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.