CN
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Canada
Canadian National cuts earnings outlook on strike hit
CNl estimates eight-day disruption will trim C$0.15 per share from profits as CEO assures that recovery plan is “delivering results.”
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Canada
CN warns of ‘significant disruption’ as strike continues
Federal minister urges Canadian National and Teamsters to reach agreement as walkout by 3,200 conductors, transpersons and yard workers continues.
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Canada
Canadian National truckers ratify new contract
Unionized Canadian drivers for CNTL approve four-year agreement that increases rates for wait times and mileage.
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Canada
Canada’s Supreme Court quashes CN appeal over bridge access
Railroad company must re-open Thunder Bay, Ontario, span to vehicles after lengthy legal battle.
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News
Introduction to precision railroading, Part 2: Parsing the developments in recent earnings
Precision railroading has worked, but consistent success has been elusive.
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Economics
Capacity constraints driving more freight to short-haul rail
Rail seems to be benefiting from higher diesel prices and capacity constraints with SONAR data suggesting more loads are shifting to intermodal in shorter lengths…
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