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Jun
14

CN publishes investor fact book

Rail News Home Canadian National Railway - CN 6/14/2017 Rail News: Canadian National Railway - CN
CN posted its investor fact book on the Class I's website.Photo – CN

CN this week posted its 2017 Investor Fact Book on the company's website.

Titled "Innovating Everywhere, Every Day," the book is a source of information about CN, its North American network, freight markets, strategic agenda and financial performance.

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May
30

CN, Teamsters agree to tentative pact for conductors, yard workers

Rail News Home Canadian National Railway - CN 5/30/2017 Rail News: Canadian National Railway - CN
CN and the Teamsters Canada Rail Conference-Conductors, Trainpersons and Yardpersons (TCRC-CTY) announced yesterday that they've reached a tentative agreement for a contract that would cover 3,000 conductors and yard operations employees in Canada.Yesterday's news followed a May 27 announcement that TCRC-CTY had given CN a 72-hour strike notice that would have gone into effect at 4 a.m. today.Details of the tentative agreement are being withheld pending ratification by TCRC members, according to a CN press release."CN is very pleased to have reached this settlement with TCRC-CTY without a service disruption," said Mike Cory, CN executive vice president and chief operating officer. "This new agreement reinforces CN's commitment to working together with our employees and their representatives to address workplace issues in a mutually beneficial manner." Contact Progressive Railroading editorial staff. More News from 5/30/2017

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Apr
27

IBEW Council 11 ratifies new pact with CN

Rail News Home Canadian National Railway - CN 4/27/2017 Rail News: Canadian National Railway - CN
CN announced yesterday a five-year contract has been ratified by the International Brotherhood of Electrical Workers (IBEW) System Council 11. The union represents approximately 700 CN signals and communications employees in Canada.The agreement is retroactive to Jan. 1, and runs through Dec. 31, 2021. It covers wage increases in each year, plus benefit improvements, according to a CN press release."The contract reinforces our commitment to working together with our employees and their representatives to address workplace issues in a mutually beneficial manner," said Mike Cory, CN executive vice president and chief operating officer. Contact Progressive Railroading editorial staff. More News from 4/27/2017

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Apr
27

IBEW Council 11 ratifies new pact with CN

4/27/2017    

Rail News: Canadian National Railway - CN

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Apr
26

CN names national training center after Mongeau

Rail News Home Canadian National Railway - CN 4/26/2017 Rail News: Canadian National Railway - CN
CN has named its new Winnipeg training center after former CEO Claude Mongeau.Photo – CN

CN has renamed its national employee training center in Winnipeg, Manitoba, after Claude Mongeau, the company's former president and chief executive officer.

Opened in 2014, the CN Claude Mongeau National Training Centre campus in Winnipeg provides "consistent, quality training with a modern curriculum" for jobs including conductor, track maintainer, car mechanic and supervisor, according to a CN press release.

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Apr
26

CN names national training center after Mongeau

4/26/2017    

Rail News: Canadian National Railway - CN

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Apr
25

CN posts 'solid' Q1 results, increases outlook for 2017

Rail News Home Canadian National Railway - CN 4/25/2017 Rail News: Canadian National Railway - CN
CN raised its outlook for the year after reporting "solid" first-quarter results that included increases in revenue, earnings and volumes, the Class I's executives announced yesterday.CN's Q1 volume included a 14 percent increase in Western Canadian grain that moved over the network, despite more demanding winter conditions this year compared to 2016, President and Chief Executive Officer Luc Jobin said in a press release.Revenue rose 8 percent to 3.2 billion in Canadian dollars, net income increased 12 percent to CA$884 million and diluted earnings per share (EPS) climbed 16 percent to CA$1.16 compared with last year's Q1 results.Adjusted net income rose 11 percent to CA$879 million, with adjusted diluted EPS increasing 15 percent to CA$1.15.Compared with the same period last year, carloadings for the quarter were up 9 percent and revenue ton-miles, 14 percent.CN posted an operating ratio of 59.4 percent, up 0.5 of a point from the prior-year quarter.Jobin described CN's results as a "solid response" in accommodating the strong demand during the first quarter."Our ongoing investments in people, equipment and infrastructure continue to position us well to leverage CN's industry-leading operational performance and superior customer service," Jobin said. "With a strong start in Q1 and an increased volume outlook for the rest of the year, I am pleased to announce an upward revision to our 2017 financial outlook."CN now aims to deliver a 2017 adjusted diluted EPS in the range of CA$4.95 to
CA$5.10, versus last year's adjusted diluted EPS  of CA$4.59. On Jan. 24, the company's financial outlook called for mid-single-digit growth this year.Additionally, the Class I raised its capital expenditures program by CA$100 million to CA$2.6 billion, of which CA$1.6 billion is still targeted toward track infrastructure projects. The additional capital investment will be used to purchase 22 locomotives and other projects to support growth.The increase in revenue was mainly attributable to higher volumes of Canadian and U.S. grain, frac sand, coal exports, overseas intermodal traffic, and finished vehicles; freight rate increases; and higher applicable fuel surcharge rates. Those factors were partly offset by the negative translation impact of a stronger Canadian dollar on U.S.-dollar-denominated revenues. Operating expenses rose 9 percent, primarily due to higher fuel prices and costs associated with higher volumes, partly offset by the positive translation impact of a stronger Canadian dollar on U.S.-dollar-denominated expenses. Contact Progressive Railroading editorial staff. More News from 4/25/2017

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Apr
25

CN posts 'solid' Q1 results, increases outlook for 2017

4/25/2017    

Rail News: Canadian National Railway - CN

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Apr
12

Wisconsin silica sand supplier expands rail sidings on CN line

Rail News Home Canadian National Railway - CN 4/12/2017 Rail News: Canadian National Railway - CN
Badger Mining Corp., a silica sand supplier, offers unit train capabilities.Photo – Badger Mining Corp.

Badger Mining Corp. has completed a 4,500-foot rail siding expansion near its facilities in Taylor, Wis., the company announced yesterday.

The expansion will allow the site to hold up to three unit trains concurrently, company officials said in a press release.

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Apr
12

Wisconsin silica sand supplier expands rail sidings on CN line

4/12/2017    

Rail News: Canadian National Railway - CN

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Apr
07

CN honors 32 shippers' sustainability efforts

Rail News Home Canadian National Railway - CN 4/7/2017 Rail News: Canadian National Railway - CN
CN yesterday recognized 32 shippers for employing sustainability practices that are aligned with the objectives of the Class I's EcoConnexions program.Through its EcoConnexions Partnership Program, CN seeks partner companies that pledge to reduce their carbon emissions and increase energy efficiency — a central focus of the Class I's sustainability objectives, CN officials said in a press release.The 32 shippers that earned recognition from the railroad are Alcoa Corp.; Atlantic Container Line; Bunge North America; Bonduelle Canada; Canfor; Cenovus Energy Inc.; CMA CGM (America) LLC; COSCO Shipping Lines (North America); Domtar Corp.; E. I. du Pont de Nemours and Co.; Fairmount Santrol; Ford Motor Co.; Hapag-Lloyd; Kruger Products LP; Labatt Breweries of Canada; Loblaws Inc.; Maersk Line; MOL; Mondelez International; NYK Line; OOCL (Orient Overseas Container Line); PepsiCo Canada; Resolute Forest Products; Teck Resources Ltd.; Tembec; Tenaris; UPS; Verso Corp.; Walmart Canada; West Fraser; Weyerhaeuser; and Yang Ming Group."CN is proud to partner with these companies and congratulates each of them on their sustainability efforts," said Jean-Jacques Ruest, CN's executive vice president and chief marketing officer. "In partnership with Tree Canada, [we] will plant 100,000 trees in the spring in recognition of [these] customers' commitment to sustainable business practices." Contact Progressive Railroading editorial staff. More News from 4/7/2017

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Apr
07

CN honors 32 shippers' sustainability efforts

4/7/2017    

Rail News: Canadian National Railway - CN

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Mar
30

TSB determines broken wheel led to CN train derailment

Rail News Home Canadian National Railway - CN 3/30/2017 Rail News: Canadian National Railway - CN
The Transportation Safety Board of Canada (TSB) has determined a broken wheel, caused by a service-related failure, led to a CN train derailment in January 2016 near Webster, Ontario.The accident occurred Jan. 9, 2016, as the train was moving west on the Redditt Subdivision and experienced a train-initiated emergency brake application near Webster. A total of 26 cars derailed, including six Class 111 residue tank cars that last contained diesel fuel. There were no injuries and no product was released, according to a TSB press release.In its investigation report released yesterday, the TSB found that a progressive fracture on a wheel of the second car from the head end eventually allowed the wheel to move inboard on the axle and derail.The train continued to travel on the track about 8 more miles before the cars derailed, setting off the train-initiated emergency brake application.About 14 minutes before the accident, the train passed a wayside inspection system (WIS) where a wheel impact load detector (WILD) recorded the impact load of the defective wheel. While the reading exceeded the Association of American Railroads (AAR) condemning limits, CN WILD guidelines permitted the wheel to remain in service without restriction until it reached its certified car inspection location. The development and implementation of WILD technology has been an industry initiative to enhance rail safety by proactively identifying wheels with defects that can cause derailments or damage to track infrastructure. However, if railway WILD guidelines do not provide adequate guidance for dealing with wheel impacts that are condemnable under AAR rules, there is an increased risk that wheels with emerging defects will not be identified and removed from service before progressing to failure, TSB officials said.In response to a 2011 TSB rail safety advisory, Transport Canada (TC) indicated it would create a joint TC-industry forum to comprehensively review WIS and WILD criteria. However, TC has made no progress on guidelines, standards or rules for use of WILD technology, according to the TSB."In the absence of WILD condemning limits within the TC-approved Railway Freight Car Inspection and Safety Rules and/or other related TC guidance, WILD company guidelines may not be sufficiently robust to consistently protect against wheel failures," the TSB concluded. Contact Progressive Railroading editorial staff. More News from 3/30/2017

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Mar
30

TSB determines broken wheel led to CN train derailment

3/30/2017    

Rail News: Canadian National Railway - CN

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Mar
28

CN, Duluth Cargo to open intermodal terminal in Twin Ports

Rail News Home Canadian National Railway - CN 3/28/2017 Rail News: Canadian National Railway - CN
CN and Duluth Cargo Connect yesterday announced a new alliance to establish the first rail-served intermodal container ramp at the Twin Ports in Duluth, Minn., and Superior, Wis.Duluth Cargo Connect, a working partnership of the Duluth Seaway Port Authority and Lake Superior Warehousing Co., will operate the facility at the port's Clure Public Marine Terminal, port authority and CN officials said in a press release.Loaded import containers from ports originating on all three coasts served by the railroad will arrive in Duluth via CN's rail network.The new intermodal location "instantly connects" the region to containerized imports and exports, said Vanta Coda, the port authority's executive director."Our truck traffic has grown exponentially in recent years, and now we've partnered with CN to bring a whole new mode of efficient transportation services to the Twin Ports," Coda added.The partnership with Duluth Cargo Connect "opens up a new logistics supply chain and growth opportunities for the port's partners and shippers in the region," said JJ Ruest, CN executive vice president and chief marketing officer. Contact Progressive Railroading editorial staff. More News from 3/28/2017

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Mar
28

CN, Duluth Cargo to open intermodal terminal in Twin Ports

3/28/2017    

Rail News: Canadian National Railway - CN

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Mar
23

CN, TFI agree to increase domestic intermodal service in Canada

Rail News Home Canadian National Railway - CN 3/23/2017 Rail News: Canadian National Railway - CN
CN and TFI International Inc. today announced a renewed long-term partnership to increase domestic intermodal business across Canada.The pact aligns CN's transcontinental rail network and the trucking and logistics company with a range of services that include truckload, less-than-truckload and package and courier, officials from both companies said in a press release.TFI International has increased its operating divisions' presence in the domestic intermodal market and its companies have a combined 100 years of collaboration with the Class I, said JJ Ruest, CN executive vice president and chief marketing officer."We believe our expanding partnership will help both our organizations provide more consistent, reliable service for our shared and growing customer base," Ruest said.The renewed partnership will "ensure best-in-class service" for the companies' customers, said TFI International Chairman, President and Chief Executive Officer Alain Bedard."This agreement is in line with TFI's stated objective to grow its intermodal presence in Canada," Bedard said. Contact Progressive Railroading editorial staff. More News from 3/23/2017

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Mar
23

CN, TFI agree to increase domestic intermodal service in Canada

3/23/2017    

Rail News: Canadian National Railway - CN

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Mar
21

CN, IBEW Council 11 negotiate tentative pact

Rail News Home Canadian National Railway - CN 3/21/2017 Rail News: Canadian National Railway - CN
CN announced yesterday it has reached a tentative agreement to renew a contract with the International Brotherhood of Electrical Workers (IBEW) System Council 11 that covers 700 signals and communications employees in Canada.Details of the agreement are being withheld pending ratification by the union's membership. CN anticipates learning the ratification vote results in May, according to a company press release.On March 17, IBEW Council 11 filed a notice to strike effective at midnight today if negotiations with CN did not reach a tentative settlement. The current contract expired Dec. 31 2016, according to Council 11's website. Contact Progressive Railroading editorial staff. More News from 3/21/2017

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Mar
21

CN, IBEW Council 11 negotiate tentative pact

3/21/2017    

Rail News: Canadian National Railway - CN

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