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CN spending BIG in Alberta!
(Preview)
CN to make C$37 million in capacity investments Tuesday, May 10, 2011 Canadian National will investment C$37 million (US$38.47 million) in Alberta, Canada, to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern A...
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Guess CN needs a quick cash infusion
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CN to sell rail marine terminal assets Thursday, June 16, 2011 Canadian National ha reached today a definitive agreement to sell substantially all of the assets of IC RailMarine Terminal Company to Raven Energy, LLC, an affiliate of Foresight Energy, LLC, and the Cline Group for US$73 million. CN e...
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CN kickin' CP's ass with investors and the guvment!
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Canadian National Beating Canadian Pacific With Investors: Freight Markets By Greg Quinn - Jun 15, 2011 Canadas two biggest railways are under pressure from government and customers to reduce delays, with investors profiting from Canadian National Railway Co. (CNR)s performance and losing on...
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Via Rail engineers and yardmasters ratify agreement
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labour-reporter.comJun 1, 2011Via Rail engineers and yardmasters ratify agreementEmployees to see a 10.5 per cent wage increase over four years Via Rail Canadas locomotive engineers and yardmasters have ratified a new collective agreement with the passenger rail com...
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Anybody got a CN employee timetable for B.C.?
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I went on a mega railfan trip back in 1980. Need to know the name of the subdivision that runs between Prince George and Jasper and the subdivision(s) that run between Jasper and Kamloops. I got several pictures I took north of Blue River that I have no idea what locations they are. One is at MP 242. If I can...
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CP Rail loses money first quarter...
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CP cites weather for first-quarter resultsMonday, April 25, 2011 Canadian Pacific Railway Ltd. says severe winter weather cut into volume and increased costs during its first quarter, resulting in earnings of C$33.7 million, or 21 Canadian cents per share. Thats down from C$101 million, or 60...
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Canadian-Related, Boosting Attitudes Systemwide
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(FRI) Canadian National filed with the U.S. Surface Transportation Board a plan to combine three of its U.S. rail subsidiaries into one. Under the plan, CN would fold its Duluth, Winnipeg & Pacific and its Duluth, Missabe & Iron Range operations into its Wisconsin Central operations, wh...
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Length of CN train catches eye of Canada's safety regulators
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Length of CN train catches eye of Canada's safety regulators (The following appeared on the National Post website on February 26, 2011.) Shortly after 5:30 a.m. on March 21, 2009, a Canadian National Railway Co. freight train destined for Montreal derailed outside Brighton, Ont., a small town abo...
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Mechanical forces settle contract with CP
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CPR and CAW union reach agreement Friday, February 25, 2011 Canadian Pacific Railway has been notified by the Canadian Auto Workers union that the Memorandum of Settlement reached on February 5, 2011 by CP and the CAW has been ratified by the membership. The renewal collective agreement, which cov...
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Two analysts upgrade CN, expecting returns to beat rival CP Rail
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Two analysts upgrade CN, expecting returns to beat rival CP Rail (The following appeared on the Globe and Mail website on February 18, 2011.) TORONTO In the battle of the railroads, theres been a clear victor so far this year in shareholder returns. Canadian National Railway stock has gained nearly...
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CN to spend $1.7 billion on capital investments in 2011
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CN to spend $1.7 billion on capital investments in 2011 (CN issued the following press release on February 9, 2011.) CN announced on February 9 plans to invest C$1.7 billion in 2011 to maintain a safe and fluid railway network, to grow the business efficiently and to continue to provide customers wit...
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Call in Cindy...she can run trains, if they can't!
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CANADIAN PACIFIC PREPARED TO FULLY OPERATE THE RAILWAY REGARDLESS OF OUTCOME OF BARGAINING WITH CAW CALGARY, Jan. 13, 2011 (Canada NewsWire via COMTEX) -- Canadian Pacific (tsx/nyse:CP) today advised that it has trained 1,200 managers and has a comprehensive contingency plan in place to fully...
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CN, CP dispute findings on rail service
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CN, CP dispute findings on rail serviceTransport Canada has issued a report on the quality of freight-rail service provided to shippers, reports progressiverailroading.com.The website outlined some of the reports findings: The Canadian rail-based logistics system has gone through a perio...
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Canadian National Railway is Among the Companies in the Railroads Industry With the Best Relative Performance (CNI, CP,
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Canadian National Railway is Among the Companies in the Railroads Industry With the Best Relative Performance (CNI, CP, NSC, KSU, UNP) (The following story by Chip Brian appeared on the SmarTrend website on October 5, 2010.) Below are the top five companies in the Railroads industry as measured by...
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Two trains crash north of Two Harbors
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Two trains crash north of Two Harbors (The following story by Matt Suoja appeared on the Lake County News Chronicle website on September 30, 2010.) BRIMSON, Minn. Canadian National Railway has confirmed that a crash involving two trains occurred today north of Two Harbors on a CN track in Brimson. T...
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Canadian National Reaches Tentative Labor Deal With Union
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Canadian National Reaches Tentative Labor Deal With Union (The following story by Joan E. Solsman appeared on The Wall Street Journal website on October 4, 2010.) Canadian National Railway Co. (CNI) said it reached a tentative labor deal with the union representing its train conductors, yardmen...
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3 who refused transfer prevail against CN
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3 who refused transfer prevail against CNEDMONTON, Alta. The Canadian Human Rights Commission has given three women from Jasper, Alta., their jobs back after they were fired by Canadian National Railway five years ago for failing to accept a transfer to Vancouver, the Vancouver Sun reports. The w...
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CN to impose work rules Monday if no labor deal
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CN to impose work rules Monday if no labor deal (The following story by Susan Taylor was circulated by Reuters website on September 30, 2010.) OTTAWA Canadian National Railway said on Thursday it would impose new work rules on2,700 train engineers and other workers beginning next week if it is unabl...
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CN spends $450K on 2Q lobbying
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CN spends $450K on 2Q lobbyingST. LOUIS -- Canadian National Railway Co., one of North America's largest railroads, spent lobbying the U.S. government in the second quarter, according to the Associated Press. That's equal to the $480,000 it spent in the first quarter and slightly less than the $49...
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Is CN inevitably heading toward a work stoppage?
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Is CN inevitably heading toward a work stoppage? (The Teamsters Canada Rail Conference issued the following on September 27, 2010.) OTTAWA Despite the insistence shown by the Teamsters Canada Rail Conference (TCRC) to negotiate, a strike or lockout at Canadian National (CN) could be inevitable...
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CP to issue $350M debt for pensions
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CP to issue $350M debt for pensionsCanadian Pacific Railway Ltd. said on Monday a subsidiary will issue $350 million in notes to make payments toward a pension plan, the Associated Press reports. The notes issued by Canadian Pacific Railway Co. will be due in 2023 and pay interest at 4.45 percent. Th...
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CN, Montreal news
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CN, Montreal PA tout port market Monday, September 27, 2010 CN and the Montreal Port Authority have signed memorandum of understanding that they say commits them to develop a best-practices vision for the gateways supply chain, improve productivity, and leverage these gains to increase their t...
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Opponents say tiny emergency signs add to CN’s already rocky road
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Opponents say tiny emergency signs add to CNs already rocky road (The following story by Robert Channick appeared on the Chicago Tribune website on September 15, 2010.) When Canadian National Railway posted emergency contact information at more than 100 grade crossings this summer, it was a seem...
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CN, CP Rail volumes full steam ahead
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CN, CP Rail volumes full steam ahead (The following story by Scott Deveau appeared on the National Post website on September 8, 2010.) OTTAWA The backlog of container traffic at West Coast ports presents an interesting paradox at a time when the economy is supposedly faltering But Steve Hansen, Ray...
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CN reaches mitigation deal
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CN reaches mitigation dealCN has announced it reached a voluntary mitigation agreement concerning the Elgin, Joliet & Eastern Railway (EJ&E) integration with the village of Long Grove, Ill. The Class I now has hammered out agreements with 23 of the 33 communities along EJ&E lines in...
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