U.S.-based major railroads’ profit growth surged back in the third quarter, as resilient pricing and increased operational efficiencies overcame a 2.8 percent drop in total volume hauled compared to the same period last year.
Canadian National Railway
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22 Oct 2013
Canadian National today reported its net income in the third quarter of 2013 C$705 million (about US$685.3 million), rising 6.2 percent from C$664 million in the same period last year.
15 Oct 2013
The Teamsters Canada Rail Conference, which represents about 3,300 conductors, trainmen, yardmen and traffic coordinators at Canadian National...
30 Sep 2013
Canadian National aims to start freight service on about 75 percent of the rail network operated by the bankrupt short line Kelowna Pacific Railway in southern British Columbia.
07 Aug 2013
U.S.-based major railroads’ total profit growth slowed dramatically in the second quarter, as Norfolk Southern Railway and Kansas City Southern Railway saw double-digit declines in earnings gains on a year-over-year basis.
24 Jul 2013
Transport Canada has issued an emergency directive to boost rail safety following the train disaster in Lac-Mégantic, Quebec, on July 6.
22 Jul 2013
Canadian National today reported its profit in the second quarter of 2013 was C$717 million (about US$693.6 million), rising 13.6 percent from $610.4 million in the same quarter last year.
05 Jul 2013
Di-Corp, a distributor of specialty chemicals, parts and accessories serving mining and drilling industries in Canada and the United States, is building a frac sand transloading terminal north of Grande Prairie, Alberta.
18 Jun 2013
The new Canadian National-Indiana Rail Road intermodal service to Indianapolis will offer export “matchback” opportunities for steamship lines and shippers when it launches on July 1.
05 Jun 2013
Westport Innovations has received an order for four liquefied natural gas tenders from Canadian National Railway.
29 May 2013
Canadian National Railway is accelerating work on the $33 million upgrade of its Whitehall Subdivision in Wisconsin, which will increase car loading capacity and train velocity for the frac sand supply chains of...
21 May 2013
Genesis Energy will expand its rail terminal in Natchez, Miss., and construct a new unit train loading facility in Wyoming in the Powder River Basin of the Niobrara shale play.