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Tag Archives Canadian National Railway

File photo of a CN locomotive in Winnipeg. (Dave Bedard photo)
Crops, Weather

CN to reopen to Vancouver Wednesday

Prince Rupert also available, CN reminds shippers

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Canadian National Railway (CN) says it’s almost set to resume some service to Vancouver, starting early Wednesday. Montreal-based CN said in an emailed statement Tuesday that repair work on damaged sections of its track from Kamloops to Vancouver “progressed well over the weekend” and the line will reopen to “limited traffic” tomorrow “barring any unforeseen […] Read more
An idle CN train is parked next to an empty Via Rail commuter station at Trenton, Ont. on Feb. 25, 2020. (Photo: Reuters/Chris Helgren)
Crops, Reuters

CN starts calling back laid-off employees

"Network recovery... will take several weeks"

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Montreal | Reuters — Canadian National Railway has started calling back many of the 450 workers it laid off earlier this month in Eastern Canada, when blockades crippled operations on strategic rail lines, according to a company email sent to customers Friday. Earlier this week, police made 10 arrests and cleared a blockade in eastern […] Read more
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops, Reuters

CN strike to weigh on railway’s 2019 profit

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Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both […] Read more
CN employees picket outside the company’s rail yard at North Battleford, Sask. on Nov. 25, 2019. (Canadian Cattlemen photo by Lisa Guenther)
Crops, Machinery, Markets, Reuters

CN, Teamsters reach deal to end strike

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Montreal | Reuters — Teamsters Canada and Canadian National Railway on Tuesday said they reached a tentative deal to end a strike at the country’s largest railroad that had entered its eighth day, disrupting supply chains across the country. “We have a deal,” a CN spokesman said. The union said normal operations will resume on […] Read more
CN locomotives in Winnipeg. (Photo courtesy CN)
Crops, Machinery

CN’s grain handle up in record quarter

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Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported net income of $1.134 billion on $3.688 billion in revenues for its quarter ending Sept. 30, up from $958 million on $3.221 billion in its […] Read more
A CN locomotive near Jasper, Alta. (Photo courtesy CN)
Crops, Machinery

Grain handle drops in CN’s first quarter

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Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in […] Read more
Luc Jobin. (CN.ca)
Crops, Machinery, Reuters

CN CEO Luc Jobin steps down abruptly

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Reuters — Canadian National Railway (CN) CEO Luc Jobin stepped down abruptly on Monday, as the board looks to “energize” the railroad’s leadership amid a major supply crunch that has hurt profits and angered customers. “The board believes the company needs a leader who will energize the team, realize CN’s corporate vision and take the […] Read more
(Photo courtesy CN)
Crops, Machinery

CN’s Q4 grain handle down in ‘challenging conditions’

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U.S. income tax reform more than offset “challenging” conditions, including reduced grain handle, in Canadian National Railway’s fourth fiscal quarter. Montreal-based CN on Tuesday reported net income of $2.611 billion on total revenues of $3.285 billion for its fourth quarter ending Dec. 31, up from $1.018 billion on $3.217 billion in the year-earlier Q4. The […] Read more

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