CN layoffs only there’s a dramatic slowdown during second wave: CEO
Business is recovering from a big drop in volume that forced the railway to withdraw its full-year guidance.
National Steel snares contract to build 1,150 CN Rail grain cars
Railway operator says the deal brings to $1 billion the amount it plans to invest in Ontario.
CN investing $310M in Ontario to strengthen its rail network
Will focus on intermodal facilities, rail and tie replacement and maintenance of track infrastructure.
Blockades, virus expected to derail CN’s Q1 results
Hefty crude-by-rail shipments helped offset the declines.
Railways confront tough times with volumes dropping as recession looms
Carloads fell more than 17% year-over-year as industrial supply chains remain shut down and retail severely curtailed.
Rail strike, pipeline spill lead Alberta to extend oil curtailment levels
Government will gradually increasing the amount that can be produced.
Liberal government urged to intervene to end CN rail strike
Scheer and Alberta officials call on Trudeau to bring legislators back sooner.
US-China trade war hurting Canada’s largest railway: CN
CFO Ghislain Houle says the expansion cycle has come to an end.
Agency to investigate possible freight rail problems in Vancouver
The Forests Products Association of Canada said rail delays last year cost the forest sector over $500 million.
CN and CP well poised for 2019 trade headwinds: analysts
Crude-by-rail exports have spiked over the past year amidst a pipeline shortage and a big discount on Western Canadian Select oil.
CN must reopen vital Thunder Bay bridge to cars; Ontario’s top court rules
The agreement in question dates to 1906.
Grain handling group says CP Rail offloading some blame for transport ills
Says problems moving grain are “clearly the responsibility of the railroads.”
Customers blame efficiency drives at railroads for backlogs over winter months
They cite reductions in crew, locomotives and cars in a drive to boost bottom lines for railroads.
UPDATE: CN apologizes, promises immediate action to clear grain shipment backlog
Offering incentives for key employees to delay retirement and postpone vacations, and to entice back recently-retired employees.
CN and CP say service will improve as frigid winter weather subsides
Heavy snow in Western Canada and frigid temperatures slowed service fro both rail companies.