CN submits Milton Logistics Hub EIS
CN on Jan. 7, 2016 submitted its Environmental Impact Statement (EIS) to the Canadian Environmental Assessment Agency (CEAA) for its proposed logistics hub/intermodal facility to be built in Milton, Ontario.
CN
CN campaign raises C$1.8 million for charities
Canadian National Railway (CN) announced Dec. 17, 2015 that the 2016 CN Employees’ and Pensioners’ Community Fund (the Fund) campaign raised a record C$1,857,920 for charities across Canada.
CN helps raise $760,000 for Winnipeg children’s hospital
The Children’s Hospital Foundation of Manitoba and Canadian National Railway (CN) announced Dec. 12, 2015 that the CN Miracle Match program has helped raise more than $760,000 for the Children’s Hospital-HSC Winnipeg.
CN donates $5 million to Syrian refugees resettling in Canada
Canadian National Railway (CN) on Dec. 11, 2015, along with John McCallum, Minister of Immigration, Refugees and Citizenship, announced a $5 million donation to assist communities with the resettlement of Syrian refugees across Canada.
Amsted Rail to produce one million wheels for CN
Canadian National Railway (CN) announced on Dec. 10, 2015 a new long-term contract with Amsted Rail to produce one million wheels for use at its Transcona mechanical facility.
Guelph Subdivision upgraded to CTC
VIA Rail on Nov. 14, 2015, commissioned CTC (centralized traffic control) on its entire North Mainline (Guelph Subdivision) between Georgetown and London, Ontario.
Commentary
CP-NS transcon a craps table roll
Few obstacles bedevil railroads as has the Mississippi River. Spanning it was the nation’s first rail bridge in 1856—promptly assaulted by steamboat Effie Afton. While the bridge was repaired and more constructed, the river remains a problematic divide, separating, with few exceptions, eastern railroads from those operating in the West and producing grueling interchange bottlenecks at Chicago.
CN delivers solid third-quarter results
Net income of C$1.01 billion, compared with net income of C$853 million in second-quarter 2014, combined with an operating income increase of 16% and a record-low quarterly operating ratio of 53.8%, resulted in a solid third-quarter 2015 for CN, the railroad reported on Oct. 27, 2015.
CN, CSX earn sustainability accolades
The Dow Jones Sustainability Index has named CSX and CN Sustainability Leaders.
CN’s Jobin takes helm during Mongeau’s medical leave
CN President and CEO Claude Mongeau will soon undergo surgery to remove a rare type of precancerous soft-tissue tumor located in the upper left part of his larynx, the railroad announced August 12, 2015. In his absence, Executive Vice President and Chief Financial Officer Luc Jobin will run the railroad.