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CN joins EMP program, sets new Gulf Coast export program record

Rail News Home Canadian National Railway - CN 11/11/2022 Rail News: Canadian National Railway - CN
image Shown: A map of the Equipment Management Pool program's coverage area. Photo – CN

Last month, CN joined Norfolk Southern Railway and Union Pacific Railroad as an exclusive partner in the Equipment Management Pool (EMP) program.

The domestic interline service program aims to provide extensive coverage throughout North America by offering a fleet of more than 40,000 53-foot dry containers. The EMP program provides seamless access to all major cities within Canada and the United States, and numerous major markets in Mexico.

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United Nations Global Compact enlists CN as member

Rail News Home Canadian National Railway - CN 11/9/2022 Rail News: Canadian National Railway - CN
image CN yesterday announced it joined the United Nations Global Compact initiative, a voluntary leadership platform targeting the development, implementation and disclosure of responsible business practices. Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, involving more than 15,000 companies, 3,800 non-business signatories and more than 69 local networks, CN officials said in a press release. The compact calls on companies to align their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption, and to take action in support of the UN's sustainability goals and issues. “Our ambition is to accelerate and scale the global collective impact of business by upholding 10 principles and delivering sustainable development goals through accountable companies and ecosystems that enable change,” compact officials said. CN is proud to join companies across the world that are demonstrating leadership by implementing responsible business practices, said Tracy Robinson, the Class I’s president and CEO. “Sustainability is central to CN’s objective to be the safest and most carbon-efficient, operationally effective and customer-centric railroad in North America,” she said.

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CN logs another grain movement record in October

Rail News Home Canadian National Railway - CN 11/3/2022 Rail News: Canadian National Railway - CN
image CN announced yesterday that October was its single-best month for western Canadian grain movements. The railroad moved more than 3.23 million metric tonnes of grain, surpassing the previous record set in October 2020 by more than 50,000 metric tonnes, CN officials said in a press release. During the week of Oct. 16, CN also set a weekly movement record of more than 806,000 metric tonnes. The Class I achieved the record despite several challenges by working with its supply-chain partners, CN officials said. “When the end-to-end supply chain runs well, we can move grain to ports and return rail cars quickly to elevators to get more grain on the move,” said CN Executive Vice President and Chief Marketing Officer Doug MacDonald. To learn more about CN's grain business and movement strategy, read this cover story in Progressive Railroading's October issue.

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CN derailment causes acid spill, evacuation in Louisiana town

Rail News Home Canadian National Railway - CN 11/3/2022 Rail News: Canadian National Railway - CN
image Eight cars derailed on a CN train in Paulina, Louisiana. One of the cars leaked hydrochloric acid. Photo – Louisiana State Police

CN crews are responding to a derailment that occurred yesterday in Paulina, Louisiana, involving one tank car that leaked hydrochloric acid, prompting an evacuation in the immediate vicinity.

A total of eight cars derailed in the town, which is located about 30 miles west of New Orleans. The leaking car was carrying 20,000 gallons of hydrochloric acid, according to the Louisiana State Police. About 200 homes were evacuated, St. James Parish officials estimate.

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CN's Q3: New revenue, operating income records

Rail News Home Canadian National Railway - CN 10/26/2022 Rail News: Canadian National Railway - CN
image The Class I attributed the revenue gain mainly to higher fuel surcharge revenue driven by higher fuel prices, freight rate increases, higher Canadian export volumes of coal via West Coast ports, greater volumes of U.S. grain and the positive translation impact of a weaker Canadian dollar. Photo – cn.ca

CN yesterday reported record third-quarter revenue of CA$4.5 billion, a 26% increase, and record operating income of CA$1.9 billion, a 44% increase from results in the same period a year ago.

The Class I attributed the revenue gain mainly to higher fuel surcharge revenue driven by higher fuel prices, freight rate increases, higher Canadian export volumes of coal via West Coast ports, greater volumes of U.S. grain and the positive translation impact of a weaker Canadian dollar. 

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