(CN.ca)

CN feels Prairie harvest delays in Q3 revenues

Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” Montreal-based CN on Tuesday reported overall net income of $972 million on $3.014 billion in revenue for the quarter ending Sept. 30, down from $1.007 […] Read more


CTA report shows mediocre grain movement

Overall, Canadian Pacific (CP) fulfilled 73 per cent of its hopper car orders the week of January 10 to 16, according to the Ag Transport Coalition’s latest report. That number contrasts to Canadian National’s 95 per cent order fulfillment for the same week. The Ag Transport Coalition reports that CP also started the year out […] Read more

(CN.ca)

CN’s 2015 grain handle down, grain revenue up

Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for […] Read more


(Photo courtesy CN)

Grain handle up as CN books record freight in 2014

Canadian National Railway (CN) reported increased revenue from a higher grain and fertilizer handle as part of its “record full-year freight volumes” for fiscal 2014. The railway on Tuesday released fourth-quarter and 12-month results, booking substantially higher revenues and profit in 2014 over 2013. Montreal-based CN reported $844 million in net income on $3.207 billion […] Read more