CN

CN to Ritz and Raitt: “It’s a sad day for Canada”

Legislation tabled on March 26, 2014 by Canadian Agriculture Minister Gerry Ritz and Transportation Minister Lisa Raitt to increase regulations on and oversight of railroad grain transportation, and to introduce new rules for the extension of interswitching limits in Canada’s railroad industry, has provoked a strong response from CN.

TCRC-CTY accepts CN “one last time” offer

The Teamsters Canada Rail Conference-Conductors, Trainpersons and Yardpersons (TCRC-CTY) has accepted CN’s offer to enter labor negotiations for a contract settlement on the condition that final and binding arbitration will apply if the parties cannot reach agreement.

CN proposes binding arbitration with TCRC-CTY

CN on March 20, 2014 proposed binding arbitration to reach a contract settlement with the Teamsters Canada Rail Conference-Conductors, Trainpersons and Yardpersons (TCRC-CTY) after the union advised that the tentative labor agreement negotiated with CN on Feb. 5, 2014 was not ratified by rank-and-file members.

Canada grain shippers, railways in a “cold” war

Clearing the autumn grain harvest from trackside elevators is a perennial occasion for ritual fist-shaking on the Canadian Prairies. Western Canadian farmers enjoy a long tradition of blaming the railways for their woes, even more than the weather. (A favorite national folk tale has a Prairie farmer stricken by hail and locusts cursing, “God damn the CPR.”)

CN completes Deux-Montagnes line sale

CN on Feb. 28, 2014 closed the sale of its right-of-way principally used by Agence Métropolitaine de Transports (AMT) commuter trains between Deux-Montagnes and Montreal’s Central Station to AMT for C$97 million.

CN 2014 capex: C$2.1 billion

CN announced on Feb. 19, 2014 a capital investment plan worth approximately C$2.1 billion (US$1.9 billion) “to continue to raise network safety and efficiency, improve service, and grow the business.” The amount is approximately $100 million higher than what CN invested in 2013.