Signs of hope Nov 14, 2009
Join our social networks. Font size: A A A Published: November 14. (Erie Times-News, PA)
Police: Drunk man survives being run over by train Nov 14, 2009
-- Police said a highly intoxicated man who survived when multiple freight train cars rolled over him is "the luckiest guy alive." Police Major Kevin Lemke said Canadian National Railway employees reported they ran over someone lying between the tracks and did an emergency stop about 10:30 p.m. Thursday. Officers found a 42-year-old local man in some bushes 20 feet away from the tracks. (Fresno Bee)
Berkshire Hathaway buys BNSF: Express from Omaha Nov 10, 2009
Mr Buffett s old friend Bill Gates has made a killing investing in the Canadian National Railway. Railways have benefited from such technological improvements as double-stacked rail cars and better software for managing both rolling stock and supply chains. (The Economist)
Buffett buying Burlington rail in his biggest deal Nov 5, 2009
Canadian National Railway Co rose 1. 8 percent and Canadian Pacific Railway Ltd rose 3. (Yahoo News -- Top Stories)
Canadian National Railway Third-Quarter Adjusted Earnings 94 Cents a Share Oct 21, 2009
Oct. 20 (Bloomberg) -- Canadian National Railway Co., Canadas largest railroad, posted a third-quarter adjusted profit of 94 Canadian cents a share. The average estimate from analysts in a Bloomberg survey was 88 Canadian cents. (Bloomberg -- Canada)
CN Canadian Women's Open raises a record $1.6 million for the Alberta Children's Hospital Foundation Sep 7, 2009
" CN Miracle Match is a national charitable initiative designed to rally communities across Canada behind a very worthy cause - supporting Children's Hospitals. CN pledges to help maximize local fundraising through the CN Miracle Match program where together we can help Canada's leading healthcare facilities treat more children. Each year since 2006, CN has raised funds to support a children's hospital by matching funds raised through various initiatives that are connected with the CN Canadian... (PR Newswire)
Stalling, Or Churning, Suggests Weakness Sep 3, 2009
In Q1, hedge fund manager Jeffrey Vinik opened positions in Burlington Northern Santa Fe (BNI), CSX (CSX), Norfolk Southern (NSC) and Canadian National Railway (CNI). Vinik upped his position in Union. (Investors Business Daily)
Area may get $1 million in stimulus Aug 22, 2009
The platform work would provide a new concrete surface on the trackside loading area for the passengers at the Illinois Central Railroad Depot along the Canadian National railway. A major restoration of the 91-year-old building is under way through a combination of federal, state and private funding. (Mattoon Journal-Gazette, IL)
Canada Stocks Rally With Energy, Metals Prices as Factory Prices Advance Jul 31, 2009
Canadian National Railway Co., the nations largest railroad, advanced 4 percent to C$52. 11. (Bloomberg -- Canada)
Tanker driver in Star train wreck dies Jul 30, 2009
Daniels was driving his 18-wheeler, which had just been filled with carbon dioxide, across the tracks at Andrew Jackson Circle in Star near Airgas when his truck collided with a Canadian National Railway locomotive. The truck then exploded. (The Clarion-Ledger)
3 injured in tanker, train collision in Star Jul 27, 2009
Three people were injured this morning when a Canadian National Railway locomotive struck a tanker truck in Rankin County. The locomotive was heading north to Jackson when it collided with the truck around 11:30 a.m. at a crossing near U.S. 49 in Star, CN spokesman Patrick Waldron said. (The Clarion-Ledger)
Deaf woman hit by train in Kenner dies Jul 27, 2009
The train belongs to the Illinois Central Railroad, owned by Canadian National Railway Co.. Police and the company will conduct separate investigations into the incident. (KSLA.com, LA)
Teck Reports Second Quarter Results for 2009 Jul 23, 2009
5 million tonnes of coal for delivery by Canadian National Railway between Kamloops, BC and the Vancouver area ports through March 1, 2010. This important development provides for a choice of rail carriers for some coal exports from western Canadian mines for the first time that we are aware of. (CCNMatthews Press Releases)
Teck Secures Reduction in Rail Costs Jul 6, 2009
In a related development, Teck and Canadian National Railway ("CN") have entered into an agreement relating to the interchange of coal trains between CP and CN at Kamloops BC, for delivery by CN to the Vancouver area, primarily to Neptune Terminals, following a statutory arbitral proceeding between Teck and CP. This important development provides for choice of rail carriers for some coal exports from western Canadian mines for the first time that Teck is aware of. Teck may use the Kamloops... (CCNMatthews Press Releases)
City ready to move on transport facility work Jul 1, 2009
The Federal Railway Administration refused to allow the dock height on new facilities to be lower than 15 inches for boarding purposes, while Canadian National Railway officials said they would not settle for anything higher than 8 inches, as it could damage freight cars. But after much ado, that worked itself out as well. (Brookhaven Daily Leader, MS)
Derailment revives hazardous cargo debate Jun 26, 2009
Canadian National Railway, whose train derailed in Rockford in northern Illinois, is among those seeking ways to avoid Chicago. CN recently bought the Elgin, Joliet and Eastern Railway line that loops around Chicago and through 30 suburbs. (The Augusta Chronicle)
Ethanol-laden train derails in Illinois; 1 dead Jun 21, 2009
The rest of the Canadian National Railway train -- including 70 cars carrying ethanol, a colorless, highly flammable liquid -- was disconnected and moved away from the blaze, Bergsten said. Share this on. (CNN -- US)
Woman killed fleeing Illinois train derailment, blast Jun 21, 2009
Reports that the derailment was caused by a washout of the tracks following heavy rain were not a certainty and this remains under investigation, said Canadian National Railway Company spokesman Patrick Waldron. The woman who was killed - Zoila Tellez of Rockford - had escaped from the stopped automobile, but she managed to get only 20 feet away before she fell and died, said Winnebago County Coroner Sue Fiduccia. (Boston Globe)
Five Cars Still Burning After Deadly Derailment Jun 21, 2009
Canadian National Railway Company spokesman Patrick Waldron says 18 cars, all containing highly flammable ethanol, left the tracks in last night's derailment near Rockford, I.. At one point, 14 of them were on fire. (KWTX.com, TX)
Outer Drive connector: A welcome sight Jun 17, 2009
Some of the delays have occurred because of the work it took to get agreements with the Canadian National Railway and Union Pacific Railroad to move the track on the west side of the Floyd River east to the river dike base. But 2009 has been a year of productive work on the project. (Sioux City Journal, IO)
Multi-modal facility work to start Jun 6, 2009
The Federal Railway Administration refused to allow the dock height on new facilities to be lower than 15 inches for boarding purposes, while Canadian National Railway officials said they would not settle for anything higher than 8 inches, as it could damage freight cars. But that worked itself out as well, and Massengill said he's glad to have the go-ahead on every front. (Brookhaven Daily Leader, MS)
Canada businesses prepped for new passport rules Jun 1, 2009
Canadian National Railway Co., Canada's biggest rail company and a major freight hauler in the United States, said its train and engine crew members who work at cross-border locations have been "amply notified" of the change. "We do not expect any impact on CN's trans-border operations," CN spokesman Mark Hallman said. (Longview Daily News, WA)
KTMB is best operator May 27, 2009
In its category, KTMB was pitted against two other finalists the Canadian National Railway and Far Eastern Transport Group of Russia. More than 13,000 readers took part in the poll. (The Star Online, Malaysia -- News)
'National treasure' may be headed home May 19, 2009
Parks Canada has been responsible for the totem pole, which many locals call the Jasper Raven Pole, since 2000 after it purchased the town's railway station from Canadian National Railway. The federal agency had the pole inspected several times and reports found it was beyond repair. (Globe and Mail -- National)
Community officials hail rail sale May 15, 2009
The line was recently sold by Canadian National Railway to Natchez Railway, LLC, an affiliate of Utah-based Aroad Materials, Inc., a transaction local leaders are hoping will increase rail business in Brookhaven and help grow Linbrook Business Park ... The line was recently sold to Natchez Railway by Canadian National Railway, which sold a total of 252 miles of track in Mississippi. (Brookhaven Daily Leader, MS)
M is for mom and medicine May 10, 2009
Meeting my father, a rising department-store executive, in a dining car on the Canadian National Railway eventually landed her in Kentucky with three children and a reasonable degree of economic security. Now divorced and approaching threescore and 10, she would probably place herself squarely in the middle of those two poles: independent, but anxious. (Albany Times Union)
CN critics call for monitor to eye railroad May 9, 2009
(Crains) A coalition of western suburbs wants an independent monitor of Canadian National Railway Co., charging that it failed to report numerous delays and other problems stemming from its recent acquisition of the. After a long fight with local residents along the EJ, CN won the right to acquire the firm and shift freight traffic from its congested downtown tracks to the EJlightly used route around the city. (Crain's Chicago Business)
Caisse boss defends Quebec roots May 6, 2009
Mr. Sabia likened the Caisse's situation to that of Canadian National Railway Co., which was a bloated Crown corporation when he arrived there as second in command in 1993, and BCE, which was on the skids from its disastrous investment in Teleglobe Canada when Mr. Sabia was brought in as CEO in 2002. Before the MNAs, Mr. Sabia underscored his role in putting both companies on the right track and said he would do the same at the Caisse. (Globe and Mail -- National)
Canadian Stocks Fall as EnCana, Suncor Retreat; Research In Motion Gains Apr 15, 2009
Canadian National Railway, the countrys largest railroad, fell 3. 2 percent to C$48. (Bloomberg -- Canada)
Amid tears and hymns, a solemn farewell Apr 10, 2009
At the top of the street, more than 100 officers -- including Detective Marc Pontenier of the Canadian National Railway Police -- saluted. The officers had streamed up steep DeSoto Street all morning long. They came on foot, on motorcycles, in police vans, winding up the hill to the Pete's north entrance. (Pittsburgh Post-Gazette, PA)
CP sells most of Detroit River tunnel holdings Apr 2, 2009
5 per cent from the former 50-50 partnership with Borealis, a division of the Ontario Municipal Employees Retirement System that acquired its initial half-interest in 2001 from Canadian National Railway Co.. In addition to the $110-million sale proceeds, Canadian Pacific said it expects to reap an additional $22-million based on future freight volumes through the tunnel. (Globe and Mail -- Business)
Railroad police officer fatally shoots suspect Mar 24, 2009
- A man was shot to death by a Canadian National Railway police officer after he was allegedly fired upon. Canadian National spokesman Patrick Waldron said two officers responded late Monday to a report of a suspicious man hiding in the bushes near the Homewood commuter Metra station. (Mattoon Journal-Gazette, IL)
Unions balk at cries for pension reform Mar 20, 2009
The other firms pushing for more lenient funding requirements are Bell Canada, Manitoba Telecom Services Inc., Canadian Pacific Railway Ltd., Canadian National Railway Co., Canada Post and Nav Canada. Related Articles. (Globe and Mail -- Business)
Is this Charest's ‘depoliticized' Caisse? Mar 19, 2009
Mr. Ouellet, it so happens, became chief legal officer at Canadian National Railway after Mr. Tellier and Mr. Sabia arrived from Ottawa to run CN in 1993. How did Mr. Charest seriously expect Quebeckers not to smell a rat. (Globe and Mail -- Business)
CN railway creating quiet zones in some suburbs Mar 17, 2009
Dan Lipinski helped broker an agreement with Canadian National Railway to establish quiet zones through Riverside, North Riverside and Berwyn. A statement Monday from the Illinois Democrat's office says Montreal-based CN will upgrade crossings so trains won't blare their horns as they pass. (Crain's Chicago Business)
CP asks employees to help get books in order Mar 12, 2009
In the first two months of this year, CP and Canadian National Railway Co. have seen their carload traffic fall an average of 18 ... Canadian National Railway. (Globe and Mail -- Business)
CN seeing benefits of EJ&E Railway acquisition Mar 12, 2009
(Crains) In just the past few weeks, Canadian National Railway Co. has cut costs by nearly 30% at Co. since its controversial acquisition of the freight rail bypass through Chicagos western suburbs closed Feb. 1, a top CN executive said Wednesday. We just have a whole different philosophy, starting with a budgeting process that starts from scratch rather than building on previous year's figures, said Keith Creel, CNs executive vice-president of operations, at a J. P. Morgan Chase... (Crain's Chicago Business)
PHOTO: Jesup residents displaced after train derailment Mar 9, 2009
The derailment occurred on Canadian National Railway tracks in the downtown area near the Co-op and a six-block area was closed off. Courier staff at the scene were told some cars carrying ethanol may have been involved. (Waterloo-Cedar Falls Courier)
CN settles suit with West Chicago Mar 5, 2009
(AP) Canadian National Railway Co. said Wednesday it settled with the city of West Chicago, Ill. over concerns about the company's acquisition of track from another railroad. (Crain's Chicago Business)
Durbin wants CN to pay overpass costs Feb 26, 2009
(AP) U.S. Senator Dick Durbin says Canadian National Railway should have to meet a key condition placed on it before its hotly debated acquisition of a nearly 200-mile railway line encircling Chicago. CN this week asked a federal court to overturn a requirement from the Surface Transportation Board that CN pay around 70 percent of the costs of building overpasses or underpasses at two crossings. (Crain's Chicago Business)
CN announces US$550 million debt offering Feb 19, 2009
CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala. and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn. (PR Newswire)
Citigroup brings in Bandeen to head global trading Feb 16, 2009
His father, Robert Angus Bandeen, ran Canadian National Railway Co. for almost a decade starting in 1974. More recently, Mr. Bandeen's brother Ian has led the launch of Pure Trading, an upstart challenger to TSX Group Inc.'s trading monopoly. (Globe and Mail)
Teenager struck and killed by Amtrak train Feb 16, 2009
Officers arrived at the Canadian National Railway tracks Sunday evening to find that the youth had been struck by an eastbound train. The Cook County Medical Examiner's office has identified the victim as Christopher Davis of Chicago's southwest side. (Mattoon Journal-Gazette, IL)