WASHINGTON — Federal regulators have given Canadian Pacific a limited victory in its dispute with Canadian National over where the railroads should interchange traffic in Chicago. CN’s unilateral request to have Canadian Pacific run 84 miles through the busy Chicago terminal in order to interchange at Kirk Yard in Gary, Ind., is unreasonable, the Surface […]
CHICAGO — Canadian National announced today that it has successfully met the federal requirement to operate positive train control on all 35 of its U.S. subdivisions required to be equipped with PTC. This important achievement comes 13 months ahead of the December 2020 deadline. “This milestone is a testament to the tenacious dedication of our […]
NASHVILLE, Tenn. — Canadian National is more focused on growing with its customers than railroads that are currently implementing Precision Scheduled Railroading, a shipper noted at an investor conference this week. How did CN transition from an emphasis on profit margins, he asked, to one of growth? “We are, as you say, the pioneers of […]
NASHVILLE, Tenn. — Canadian National continues to cut costs in the face of rapidly weakening freight demand across virtually all types of traffic. On a revenue ton mile basis, CN’s volume has slumped 12% to 13% over the past two weeks amid a traffic downturn that is affecting the entire rail industry, Janet Drysdale, vice […]
WASHINGTON — Canadian National says its proposed acquisition of CSX Transportation’s line linking Montreal with Syracuse, N.Y., will improve service for cross-border traffic. CN, last week, sought U.S. Surface Transportation Board approval of the transaction involving the sale of 236.3 miles of track in New York state. CN also proposed a schedule for review of […]
LONG BEACH, Calif. — The impact of scheduled railroading on Canadian National’s intermodal network 15 years ago may show the path CSX Transportation, Kansas City Southern, Norfolk Southern, and Union Pacific will follow as they embrace the operating model of the late E. Hunter Harrison. CN slashed low-margin services, shut terminals, and shed volume while […]
Jim Foote, CSX Corp. CEO CSX Transportation DANA POINT, Calif. — CSX Transportation CEO Jim Foote says the sale of the railroad’s Massena Line to Canadian National will generate more traffic growth than if the route linking Syracuse, N.Y., and Montreal were sold to a short line operator. The deal, which was announced last month, […]
BOSTON — Canadian National’s traffic is growing more slowly than expected, and with volumes flat in the third quarter it will be difficult to reach its projected mid single-digit percentage increase in revenue ton miles this year, Chief Financial Officer Ghislain Houle says. “The volumes are much weaker than what we expected,” Houle told an […]
WASHINGTON — Canadian National and Canadian Pacific have reached an interim agreement that settles their Chicago interchange dispute while the railroads await a formal Surface Transportation Board decision on the matter. CP informed the board of the interim agreement in a filing last week. Under the terms of the deal, CN will deliver CP-bound interchange […]
WASHINGTON — Canadian National will lease trackage in Mobile, Ala., to a new short line, Alabama Export Railroad, according to an Aug. 12 regulatory filing. The Alabama Export Railroad will operate 12.1 miles of former Illinois Central trackage in downtown Mobile and serve eight customers on the line. Alabama Export plans to work closely with […]
Local opposition is mounting to a $250 million intermodal terminal Canadian National aims to build outside Toronto to handle a rising tide of consumer goods imported from Asia. The terminal, planned for Milton, Ontario, just west of Toronto, received a frosty reception this week at the first of several government hearings that are part of […]
A Canadian National inspection portal. Canadian National TORONTO — Canadian National is moving from proof-of-concept to full-scale deployment of several technology projects that aim to make the railway more reliable, safe, and efficient. “We’re done with the trying. We’re now deploying,” CEO J.J. Ruest told shareholders and analysts at the railroad’s investor day on Tuesday. […]
