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CN sets another grain haul record in June

Rail News Home Canadian National Railway - CN 7/8/2020 Rail News: Canadian National Railway - CN
image CN yesterday announced it achieved another monthly record in June, moving 2.7 million metric tons (MMT) of Canadian grain. In the first half of 2020, the Class I moved 15 MMT. That also represents a new all-time best quarter for CN with 8.15 MMT moved. June also was CN's fourth consecutive month of record grain movements, contributing to the railroad's record pace crop-year-to-date through June of 26.9 MMT versus the previous record of 26.5 MMT set last crop year. In addition, the Class I moved more than 1 MMT of Canadian grain from the Prairies crop year to date via container, which contributed to the railroad's record pace of Canadian grain intermodal shipments. "Despite all the difficulties we faced earlier this year, we are confident that the high volume of shipments experienced in June will continue until the end of the crop year and that CN and our partners of the supply chain will continue to deliver for the grain industry," said Allen Foster, CN's vice president of bulk, in a press release.  

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CN outlines CA$1.3 billion in 2020 capital expenditures

CN announced this week it will invest nearly CA$1.3 billion this year in capital expenditures on infrastructure in the provinces of British Columbia, Ontario, Alberta and Quebec.

In British Columbia, the CA$445 million investment will include expansion projects that will add track in yards and new sidings. CN also will continue spending on multiyear initiatives to increase capacity at the Port of Vancouver and the Port of Prince Rupert in collaboration with the Canadian government, the Vancouver Fraser Port Authority and the Prince Rupert Port Authority.

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CN unveils 2020 capital expenditure plans for Alberta, Quebec

Rail News Home Canadian National Railway - CN 6/29/2020 Rail News: Canadian National Railway - CN
image The capital expenditures are a "key part of our strategy to support growth" in both provinces, CN officials saidPhoto – cn.ca

CN will invest CA$305 million in Alberta and CA$235 million in Quebec this year to strengthen its rail network, the Class I announced last week.

In Alberta, capital expenditures will include expansion projects such as the construction of double track to allow more trains to pass on CN's mainline. The maintenance program will focus on the replacement of 71 miles of rail, installation of 210,000 new ties, rebuilding of 28 grade crossing surfaces, and maintenance work on bridges, culverts, signal systems and other track infrastructure.

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CN propane supply chain sets record

Rail News Home Canadian National Railway - CN 6/12/2020 Rail News: Canadian National Railway - CN
image The Ridley Island terminal exclusively uses CN's network to transport propane from Alberta and British Columbia for export to global markets.Photo – cn.ca

CN announced yesterday that three vessels carrying Canadian propane destined for international markets departed from the AltaGas Ridley Island Propane Export Terminal in British Columbia, beating a previous record by 50 percent.

The Ridley Island terminal exclusively uses CN's network to transport propane from Alberta and British Columbia for export to global markets. Since it launched in 2019, the terminal has moved more than 1 million metric tons of propane, CN officials said in a press release.

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CN to offer intermodal service from Moncton to Halifax

Rail News Home Canadian National Railway - CN 5/26/2020 Rail News: Canadian National Railway - CN
image CN last week announced it will now offer integrated solutions between its rail yard in Moncton, New Brunswick, and Halifax, Nova Scotia. Offered in collaboration with the Halifax Port Authority, stakeholders, ocean carriers and customers, the new intermodal service is aimed at reducing short-haul trucking in Halifax, CN officials said in a press release. "This intermodal service will play a key role in overall integrated solutions that drive value and support growth in the Atlantic region," said CN President and Chief Executive Officer JJ Ruest. CN's intermodal ramp in Moncton "continues to have a positive impact on truck traffic as containers are loaded and unloaded onto rail at that point as opposed to being trucked to and from Halifax," said Halifax Port Authority President and CEO Allan Gray. "Expanding the existing CN intermodal ramp in Moncton is showing positive results during this initial development phase, and we will continue working with CN, terminal operators and ocean carriers to find new ways of developing a more sustainable supply chain," Gray said.

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CN exceeds record for western Canadian grain hauled in April

Rail News Home Canadian National Railway - CN 5/6/2020 Rail News: Canadian National Railway - CN
image CN moved 2.73 million metric tons (MMT) of western Canadian grain in April, exceeding its previous April record of 2.65 MMT set in 2019, the Class I announced yesterday. The amount of western Canadian grain movements also exceeded CN's three-year average of 2.55 MMT for April and March's record result of 2.65 MMT. In the first quarter, the railroad moved 6.59 MMT of western Canadian grain, CN officials said in a press release. "Despite difficult conditions, CN handled 51 percent of all Canadian grain rail shipments in the first quarter, including 52 percent of market share in March," said James Cairns, senior vice president of rail centric supply chain. "We are in great shape and ready to deliver during the final months of the crop year." Movement of all Canadian grain tonnage was 6.86 MMT in the first quarter and 2.81 MMT in April, CN officials said. CN has not slowed down since the start of the COVID-19 pandemic, said JJ Ruest, president and chief executive officer. "CN has the capacity ready to enable the eventual recovery of the economy," he said.

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CN moved record amount of grain in March

Rail News Home Canadian National Railway - CN 4/6/2020 Rail News: Canadian National Railway - CN
image CN marked a record March for grain moved by rail, Canadian news outlets reported last week. The railroad moved 2.62 million tonnes of grain last month, a 6 percent increase from March 2017, the previous record CN set for March. The record comes as the Class I works to clear up a backlog built after a month of political blockades set up across the country in February. High demand for flour and durum from mills during the COVID-19 pandemic will likely drive high grain volumes in the coming months, as producers seek to shore up staple reserves, said CN Grain Director David Przednowek, according to news reports.

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CN earns high honors in Canada's Top 100 Employers competition

Rail News Home Canadian National Railway - CN 3/9/2020 Rail News: Canadian National Railway - CN
image CN recently was recognized as one of Canada’s best diversity employers by the Canada’s Top 100 Employers competition. The Class I earned the honor for the fourth consecutive year.CN was also cited as one of Canada’s Top 100 Employers for 2020 and one of Montreal’s Top Employers for 2020.Launched 20 years ago, the Canada’s Top 100 Employers competition is an editorial project that recognizes exceptional employers. CN is featured with other 2020 winners in an online profile that states the reasons the railroad was selected in those categories, as well as in a special magazine published in the Globe and Mail."We are so pleased that Canada’s Top 100 Employers has recognized our commitment to being a best-in-class employer," said Dorothea Klein, CN's senior vice president and chief human resources officer, in a press release. "Our people are what make CN an industry leader, and having a diverse workforce that reflects the fabric of the communities we serve and the stakeholders we work with is important."

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Teamsters members consider November strike against CN

Rail News Home Canadian National Railway - CN 10/30/2019 Rail News: Canadian National Railway - CN
image Teamsters Canada Rail Conference (TCRC) members at CN could go on strike by Nov. 19, the labor union announced earlier this week.Last month, about 3,000 CN conductors and train and yard personnel voted 99.2 percent in favor of a strike. The union will provide CN at least 72 hours notice before taking any strike action, TCRC officials said in a press release.A legally mandated conciliation period ended Oct. 25. The union and CN have been in negotiations for six months and have been working with federal mediators for the past four months.The previous collective agreement between the parties expired July 23.The next round of talks with CN and federal mediators is set for Nov. 12, TCRC officials said.

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CN delivers 'strong' Q3 results despite softening economy

Rail News Home Canadian National Railway - CN 10/23/2019 Rail News: Canadian National Railway - CN
image CN yesterday delivered strong third-quarter 2019 results despite a softer and uncertain economy for the North American rail industry, the Class I's executives announced yesterday.CN reported Q3 revenue increased 4 percent to CA$3.8 billion, diluted earnings per share (EPS) rose 8 percent to CA$1.66, operating income climbed 8 percent to CA$1.6 million and net income edged up 0.5 percent to CA$1.2 billion compared with Q3 2018's results, company officials said in a press release.The Q3 operating ratio improved to 57.9 percent from 59.5 percent a year ago."Our team of railroaders swiftly aligned resources with the weaker demand to achieve solid efficiency gains," said CN President and Chief Executive Officer JJ Ruest. "We remain committed to our long-term agenda of growing faster than the economy at low incremental cost, and to taking scheduled railroading to the next level by deploying advanced operating technology.”CN attributed the revenue increase primarily to freight rate increases and higher intermodal revenue.Operating expenses for the quarter inched up 1 percent to CA2.2 billion, mainly driven by higher purchased services and material expenses, as well as higher depreciation and amortization expenses.The slower demand for North American rail service prompted CN to revise its profit outlook for 2019. The company is now targeting adjusted diluted EPS growth in the high single-digit range for 2019 versus last year's adjusted diluted EPS of CA$5.50. In July, CN's financial outlook called for low double-digit growth in adjusted diluted EPS. CN also now expects a "slightly negative volume growth" this year in revenue ton miles.

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CN: Unifor affiliated truck drivers ratify pact with CNTL

Rail News Home Canadian National Railway - CN 10/3/2019 Rail News: Canadian National Railway - CN
image CN yesterday announced that Unifor affiliated truck drivers for CN subsidiary CNTL have ratified a four-year contract retroactive to Sept. 16.The pact covers 950 owner-operators under the recently negotiated collective agreement with CNTL in Canada, CN announced in a press release.CNTL is a key link in the railroad's integrated supply chain, said Keith Reardon, senior vice president of consumer product supply chain at CN. “The ratification of this contract allows CNTL to move forward with our driver-partners, ensuring we can provide seamless, uninterrupted, exceptional service to its many customers across Canada and beyond," Reardon said.

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CN unveils winter plan for upcoming season

Rail News Home Canadian National Railway - CN 10/2/2019 Rail News: Canadian National Railway - CN
image CN's investments in infrastructure and equipment have increased the resiliency of its network, company officials say.Photo – CN

CN yesterday rolled out its 2019-20 winter plan, which explains how the Class I expects to serve its customers during extreme operating conditions.

CN's investments in infrastructure and equipment have increased the resiliency of its network, as well as the railroad's ability to recover during extreme operating conditions, CN officials said in a press release.

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CN recognized for sustainability practices

Rail News Home Canadian National Railway - CN 9/17/2019 Rail News: Canadian National Railway - CN
image CN has earned a place on the Dow Jones Sustainability World Index (DJSI) for the eighth consecutive year, the Class I announced yesterday.This year also is the 11th year in a row that CN has been listed on the DJSI North American Index. CN is the only Canadian company listed in the transportation and transportation infrastructure sector, CN officials said in a press release.The DJSI surveys sustainability leaders from each industry on a global and regional level. The annual review analyzes economic, environmental and social performance, assessing issues such as corporate governments, risk management, climate change mitigation, supply chain standards, stakeholder engagement and labor practices."We are honored that CN’s sustainability performance continues to earn us a place among the world’s best,” said CN President and Chief Executive Officer JJ Ruest. "As we move into our next century, we renew our commitment to be a leader in safety, sustainability, innovation and growth.”Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM's analysis of financially material environmental, social and governance factors and S&P DJI's robust index methodology, CN officials said.

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CN recognizes sustainability efforts of customers, supply chain partners

Rail News Home Canadian National Railway - CN 9/10/2019 Rail News: Canadian National Railway - CN
image CN is honoring 47 customers and supply chain partners for their sustainability practices. The honorees will be recognized at a ceremony to be held later this month in Montreal. CN's EcoConnexions Partnership Program recognizes companies that are committed to sustainability by reducing their environmental footprint. EcoConnexions programs engage employees, communities and customers to help the Class I achieve its goals of reducing air emissions, conserving resources and increasing biodiversity, CN officials said in a press release. In collaboration with Tree Canada, CN is planting 120,000 trees this year in Canada and the United States to honor the 47 "sustainability leaders," they said. "For CN, sustainability means moving customer goods safely, being environmentally responsible, attracting and developing the best railroaders, helping build stronger communities, and adhering to the highest governance standards," said Janet Drysdale, CN's vice president of financial planning who oversees the company's sustainability team. A list of the 47 honorees is available here.

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CN, COSCO extend intermodal pact

Rail News Home Canadian National Railway - CN 9/5/2019 Rail News: Canadian National Railway - CN
image COSCO Shipping has chosen CN to be its exclusive rail provider for its discharge at the ports of Vancouver, Prince Rupert, Montreal and Halifax, the Class I announced yesterday."By choosing CN to service all inland destinations on the network, COSCO will be well-positioned to benefit from a unique tri-coastal access," said Keith Reardon, CN's senior vice president of consumer product supply chain, in a press release.The agreement with COSCO is the latest in recently signed strategic contracts, Reardon noted. Last month, CN and CSX announced a new intermodal service that will be offered between CN's greater Montreal and southern Ontario areas, and the CSX-served ports of Philadelphia, New York and New Jersey."This new exclusive Canadian partnership further reinforces our relationship and our commitment to providing the best intermodal rail service," Reardon said of the COSCO arrangement.

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Canadian government to negotiate with CN over Quebec Bridge's future

Rail News Home Canadian National Railway - CN 8/26/2019 Rail News: Canadian National Railway - CN
image Construction on the bridge was completed in 1917.Photo – shutterstock.com

The Canadian government has appointed a special negotiator to work with CN on a plan to restore the over century-old Quebec Bridge in Quebec City.

The negotiator is Yvon Charest, former president and chief executive officer of iA Financial Group in Quebec City, federal officials said in a press release issued by Infrastructure Canada.

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G3 opens grain elevator on CN line in Saskatchewan

Rail News Home Canadian National Railway - CN 8/21/2019 Rail News: Canadian National Railway - CN
image G3 has five more elevators under construction in Alberta, with one scheduled to open later this year and the rest in 2020.Photo – G3

G3 last week marked the opening of its new high-efficiency grain elevator on a CN line in Maidstone, Saskatchewan.

Similar to the company's other modern grain elevators across western Canada, the new facility features fast truck-unloads and a railway loop track that can load a 150-car train, G3 officials said in a press release.

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CN unveils grain plan, forms ag advisory group

CN yesterday announced the publication of its 2019-2020 grain plan and the creation of its Agricultural Advisory Council.

The grain plan reviews CN's performance in the previous crop year, during which CN moved over 27.5 million metric tonnes of grain — a record for the Class I.

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GM to use CN's Minneapolis, Vancouver auto terminals

Rail News Home Canadian National Railway - CN 7/26/2019 Rail News: Canadian National Railway - CN
image CN announced today it reached a new multiyear agreement with General Motors for the transportation of finished vehicles and assembly parts, and that GM will be the first customer to use CN's new automotive compounds in Minneapolis and Vancouver, British Columbia.Construction is now completed on the Vancouver compound, and GM will be the first tenant by October. Construction on the Minneapolis compound is expected to be completed in late 2020, with GM operations starting at the site in 2021, CN officials said in a press release.Both compounds will provide additional capacity, vehicle throughput and timely deliveries for GM and its customers in the northern Midwest and British Columbia, they said.“CN is very pleased to continue a strong relationship with GM,” said Keith Reardon, CN's senior vice president, consumer product supply chain. "CN remains focused on growth and on enabling its customers’ business through strategic infrastructure investment in new metropolitan markets."

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CN to serve new pellet-bagging facility at Port of Prince Rupert

Rail News Home Canadian National Railway - CN 7/25/2019 Rail News: Canadian National Railway - CN
image The facility is under construction at the port and is expected to be completed by Aug. 31.Photo – Port of Prince Rupert

Ray-Mont Logistics announced this week the construction of a new facility for bagging plastic pellets for shipping out of Port of Prince Rupert in Vancouver, British Columbia.

When completed, the facility will improve the speed and efficiency of plastic pellet exports in containers for producers in Alberta that are served by CN, Ray-Mont officials said this week in a press release.

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