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CN solicits input on interim 'extreme' weather fire plan

Rail News Home Canadian National Railway - CN 7/29/2021 Rail News: Canadian National Railway - CN
image CN announced today that it is seeking comments on its interim extreme weather fire plan. The plan presents measures to increase prevention, monitoring and responses to wildfire risks when the fire danger level for a given area is "extreme." The measures will supplement existing practices and enable the railroad to serve customers while protecting neighboring communities, CN officials said in a press release. CN is seeking the input of local communities and governments, including Indigenous governments or other Indigenous governing bodies. The deadline to provide feedback is Aug. 30. To submit comments, use the following web-based platform www.cn.ca/extremeweatherplan or call 1-888-888-5909.

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P&H to upgrade grain elevator, other Quill Lake facilities

Rail News Home Canadian National Railway - CN 7/23/2021 Rail News: Canadian National Railway - CN
image P&H is adding a rail car unloading system that will allow the company to unload a rail car off either track at 272mt/hour. Photo – P&H

Parrish & Heimbecker (P&H) is planning upgrades to its facilities in Quill Lake, Saskatchewan. 

P&H will be increasing its existing 50-car spot to accommodate 100 rail cars from CN in one spot. This upgrade will allow the company to clear twice as much grain out of the facility, according to a news release.

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CN posts ‘strong’ results in Q2

CN yesterday reported second-quarter financial and operating results, including a 13% increase in revenue ton miles (RTMs) year over year and volume growth in virtually every business unit, with notable strength in industrial products, international and domestic intermodal, and propane.

The Class I posted Q2 operating income of CA $1.4 billion, an increase of 76%, or 9% on an adjusted basis, compared with the same period in 2020. Revenue climbed 12% to CA$3.6 billion. Diluted earnings per share (EPS) rose 90% to CA$1.46, and adjusted diluted EPS increased 16% to CA$1.49.

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CN donates to Lytton wildfire relief efforts

CN last week announced it will contribute an additional CA$1.5 million to immediate relief efforts in the village of Lytton, British Columbia, and the Lytton First Nation.

CN’s contribution will be spent according to the expressed needs of the Lytton community and the Lytton First Nation, CN officials said in a press release.

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CN's Ruest to receive 2021 Railroad Innovator Award

Progressive Railroading and RailTrends® have named CN President and Chief Executive Officer Jean-Jacques Ruest the 2021 recipient of the Railroad Innovator Award, which recognizes an individual's outstanding achievement in the rail industry.

Ruest, who joined CN at the time the railroad was privatized in 1996, was appointed president and CEO in July 2018 after having served in both posts in an interim capacity since March 2018.

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CN sends STB more letters of support for proposed KCS deal

Rail News Home Canadian National Railway - CN 5/12/2021 Rail News: Canadian National Railway - CN
image CN today announced today that it has received more than 1,000 letters of support for its proposed acquisition of Kansas City Southern. The number of letters, which have been filed with the Surface Transportation Board, is nearly double the number of support letters filed by Canadian Pacific in less than half the time, CN officials said in a press release. CN will continue to communicate and engage with its customers and various stakeholders as it works towards an agreed-upon transaction with KCS, they said. In March, CP and KCS announced a merger agreement in which CP would acquire KCS in a stock and cash transaction valued at $275 per KCS share. Weeks later, KCS received an unsolicited proposal from CN to acquire KCS in a cash and stock transaction, valued by CN at $325 per share.

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CN orders 1,000 new high-capacity grain cars

Rail News Home Canadian National Railway - CN 5/10/2021 Rail News: Canadian National Railway - CN
image CN is buying hopper cars to support record grain shipments. Photo – cn.ca

CN has ordered 1,000 new generation, high-capacity grain hopper cars to help meet the growing needs of North American grain farmers and demands of grain customers.

The order is part of a larger program to build and renew a fleet of 6,000 hopper cars over the next three years, CN officials said in a press release.

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CN sets new record for Canadian grain haul

Rail News Home Canadian National Railway - CN 5/7/2021 Rail News: Canadian National Railway - CN
image CN moved 2.9 million metric tons (MMT) of western Canadian grain in April, exceeding the previous April record of 2.82 MMT set in 2020 and more than 5% ahead of the three-year average of 2.75 MMT. So far, during the 2020-2021 crop year, CN has moved more than 25.6 MMT of Canadian grain via carload. This is an increase of 17% compared to the previous crop year to-date record of 21.9 MMT established in the 2018-19 crop year, CN officials said in a press release. Containerized grain shipments direct from western Canada are also on record pace at more than 860,000 metric tons shipped crop year to-date, in addition to the tonnage shipped from eastern Canada. “Needless to say, the valuable cooperation of our agri-food and supply chain partners was key to achieving these results,” said James Cairns, senior vice president of rail centric supply chain at CN. “We believe that our long-term investment strategy was important in setting these 14 consecutive records, but none of this would have been possible without everyone's dedication.”

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CN announces new board directors

CN yesterday announced its board election results, including the unanimous reelection of Robert Pace as chair.

Pace is president and chief executive officer of The Pace Group Ltd., based in Halifax, Nova Scotia. The company is engaged in radio broadcasting, real estate and environmental services.

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CN makes 'superior offer' to acquire Kansas City Southern

CN today announced that it has made what it characterizes as a superior proposal to combine with Kansas City Southern in a cash-and-stock transaction valued at $33.7 billion, or $325 per share.

"Together, CN and KCS will create the premier railway for the 21st century, seamlessly connecting ports and rails in the United States, Mexico and Canada and providing superior service, enhanced competition and new market access to move goods across North America efficiently and safely," according to a CN press release issued this morning.

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CN marks 13th consecutive record month of Canadian grain movements

Rail News Home Canadian National Railway - CN 4/6/2021 Rail News: Canadian National Railway - CN
image So far, during the 2020-2021 crop year, CN has moved 22.7 MMT of Canadian grain.Photo – cn.ca

CN moved 2.95 million metric tons (MMT) of western Canadian grain in March, exceeding its previous record of 2.74 MMT set in 2020 and 19% ahead of its three-year average of 2.47 MMT, according to a news release.

During first-quarter 2021, CN moved 8.2 MMT of Canadian grain, exceeding its previous first-quarter record of 7.0 MMT established in 2017 and more than 25% higher than the three-year average of 6.5 MMT.  

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CN unveils 2020-21 winter plan

Rail News Home Canadian National Railway - CN 10/2/2020 Rail News: Canadian National Railway - CN
image CN recently prepared its 2020-21 Winter Plan, which sets out the Class I's priorities, investments and measures for the coming season. The plan was prepared in accordance with the requirements of Canada's Transportation Modernization Act and with input from key stakeholders. It presents the railroad's past and current investments and operating measures aimed at meeting growing customer demand so the Class I can increase resilience and recoverability in cases of extreme operating conditions, CN officials said in a press release. Investing in specific measures such as infrastructure and equipment helps the company safely and efficiently move more goods and minimize the impact of unpredictable weather, they said. "There is no doubt in my mind that our ability to perform in these challenging times is largely a result of the record-high strategic capital investments we are making in our infrastructure and of the resourcefulness of our railroaders," said CN President and Chief Executive Officer JJ Ruest. More information on CN's Winter Plan can be found here.

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CN, Wisconsin town resolve dispute over future autoport site

The Wisconsin Office of the Commissioner of Railroads (OCR) has issued an order that resolves a dispute between CN's Wisconsin Central Ltd. (WCL) line and the town of Richmond in St. Croix County over the railroad's plan for a new autoport and intermodal shipping facility in the area.

Issued Sept. 14, the OCR's order calls for the town to relocate 105th Street to avoid establishing a new crossing of proposed siding tracks with 105th Street at its current location.

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CN joins Commtrex exchange for transload service

Rail News Home Canadian National Railway - CN 9/9/2020 Rail News: Canadian National Railway - CN
image CN has joined Commtrex's transload marketplace to offer customers electronic "one-stop access" to the Class I's rail network and transloading distribution services across the United States and Canada. The marketplace is designed to help shippers efficiently find transloading providers that can handle the movement of bulk, liquids, packaged goods, oversized cargo and other goods. Commtrex aims to match shippers with the most relevant transload facilities, then enables the shippers to compare detailed information about each location before connecting directly through the platform to discuss terms, CN officials said in a press release. "By using Commtrex, CN can connect customers with our team of experts to receive the best transload solutions that will help optimize their supply chains. With CN's comprehensive data analytics from our distribution facilities, as well as data from the Commtrex platform, we are offering increased visibility and deeper level insights on customers' goods including volumes, inventory aging and last-mile optimization," said Mark Lerner, CN's vice president of marketing and business development.  

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CN awards grain hopper car contract to National Steel Car

Rail News Home Canadian National Railway - CN 8/28/2020 Rail News: Canadian National Railway - CN
image "The $1 billion CN plans on investing in Ontario over the next two years demonstrates our ongoing commitment to the province," said CN President and CEO JJ Ruest.Photo – CN

CN has awarded a contract to National Steel Car Ltd. of Hamilton, Ontario, to build 1,150 new generation, high-capacity grain hopper cars.

The contract brings to CA$1 billion the amount the Class I plans to invest in Ontario by the end of 2022, CN officials said yesterday in a press release.

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CN issues plan for 2020-21 grain crop year

CN yesterday unveiled its 2020-21 grain plan, and announced it set a new record by moving more than 30 million metric tons (MMT) of grain across Canada during the 2019-20 crop year.

In addition, CN announced that it is prepared to move up to 7,600 bulk and processed hopper cars per week outside of winter, and up to 6,100 per week during winter in the upcoming crop year.

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CN rolls out infrastructure plans for Louisiana, Mississippi

CN announced today it will spend $60 million across Louisiana and $50 million across Mississippi on infrastructure projects this year.

In Louisiana, the dollars will go toward a multiyear project to rebuild the McComb Spillway Bridge. In addition, crews will replace 6 miles of rail, install 20,000 new ties, rebuild 21 grade crossing surfaces, and perform maintenance work on bridges, crossings, culverts, signaling and track.

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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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