Canadian National Railway

Business, Logistics

Canadian National Reports Strong Q4 Earnings

Canadian National train Minerals and metals dipped 1% to C$354 million from C$357 million. (Canadian National Railway)

Canadian National Railway reported healthy fourth-quarter income and revenue.

Dan Ronan | Associate News Editor
January 27, 2021
Business, Logistics, Top 50

Canadian National Reports Q3 Drop in Earnings, Revenue

CN Railway train Canadian National Railway

For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.

Dan Ronan | Associate News Editor
October 21, 2020
Government, Business, Logistics

CN Rail Downgrades Financial Outlook as Result of Strike

CN train Canadian National Railway CEO JJ Ruest said the company is recovering well from the eight-day strike. But the railroad did downgrade its financial picture for the rest of the year. (Canadian National)

Canadian National Railway is making a quick recovery from the eight-day strike by 3,200 Teamsters Canada Rail Conference conductors and yard crews, according to the Montreal-based railroad.

Dan Ronan | Associate News Editor
December 3, 2019
Government, Business

Strike Ends as CN Rail, Union Reach Tentative Deal

CN Railway Canadian National Railway Co. containers are seen at the Intermodal Terminals in Brampton, Ontario, on Nov. 19, 2019. (Cole Burston/Bloomberg News)

Canadian National Railway and the Teamsters Canada Rail Conference announced Nov. 26 the sides reached a tentative agreement to end the strike by 3,200 CN Rail conductors and yard crews.

Dan Ronan | Associate News Editor
November 26, 2019
Business, Logistics

3,200 Union Workers With Canadian National Railway Go On Strike

Canadian Pacific Railway train Norm Betts/Bloomberg News

Canadian National Railway pleaded for a neutral arbitrator Nov. 21 to resolve a strike by thousands of its conductors, yard workers and other employees who walked off the job Nov. 19.

Dan Ronan | Associate News Editor
November 21, 2019
Government, Business, Technology

CN Reports Strong Q3 Earnings, but Officials Say Rail Volume is Dropping

Canadian National Railway Canadian National Railway said its net income in the third quarter increased 5.3% from a year ago. (Canadian National Railway)

Canadian National Railway joined the growing list of Class 1 railroads to report strong third-quarter financial results, and at the same time drive down costs by improving efficiency by adopting the principle of precision scheduling railroading.

Dan Ronan | Associate News Editor
October 22, 2019
Business, Logistics

CN Rail Open to Moving Alberta’s Oil-Shipping Deals to Drillers

Canadian National Luke Sharrett/Bloomberg News

Canadian National Railway Co. is open to transferring the crude-by-rail contracts that it signed with Alberta to private companies or to striking other arrangements that put its spare shipping capacity to use, CEO Jean-Jacques Ruest said.

May 9, 2019
Business, Logistics, TCA

Canadian National Rail Pledges $80 Million for Minnesota Improvements

Brent Lewin/Bloomberg News

Canadian National Railway plans to invest more than $80 million in Minnesota this year — spending it, they said, would strengthen the company’s rail network across the state.

Brady Slater | Duluth (Minn.) News Tribune
April 16, 2019

Canadian National Railway Agrees to Buy TransX Group

TransX truck in Louisville, Ky. John Sommers II for Transport Topics

Canadian National Railway has reached an agreement to buy the TransX Group of Cos. in Winnipeg, Manitoba, from founder and CEO Louie Tolaini.

Daniel P. Bearth | Staff Writer
October 30, 2018
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