Canadian National reported higher third quarter profits today but announced further belt-tightening as it expects trade disputes and economic uncertainty to weigh on volumes next year. “As we look to ...
The Canadian Press on MSN
CN Rail cuts spending, jobs amid tariff crunch, even as profits rise
Canadian National Railway Co. on Friday spelled out cuts to its workforce and capital spending as it wrestles with plateauing freight volumes caused by the cross-border trade war, even as it turned a ...
The Canadian Press on MSN
CN Rail lays off some 400 managers as tariffs take a bite out of shipping volumes
MONTREAL — Canadian National Railway Co. is laying off about 400 managers as tariffs imposed by the U.S. and Canada take a toll on freight traffic. The cuts affect more than six per cent of the ...
Shareholders of Union Pacific and Norfolk Southern backed the railroads' proposed $85 billion merger to create the nation's ...
It's the second derailment in a week, albiet less severe. On Saturday, a CPKC train went off the tracks west of Kamloops. An investigation is ongoing into the cause of the derailment, which caused ...
Fifteen diesel-electric locomotives produced by the China Railway Rolling Stock Corporation Dalian Co Ltd are ready to be ...
Canadian National Railway Co (CNI) reports a 6% EPS increase and strategic capital spend reduction, while addressing macroeconomic headwinds and safety concerns.
Canadian National Railway Co. CNR-T is slashing its capital spending and laying off managers as the tariff war crimps freights shipments between Canada and the United States. The cuts will help it ...
Delivered 6% Earnings Growth and Operating Ratio of 61.4%, an improvement of 170 basis points.Repurchased close to 8 million shares in the quarter for approximately C$1 billion.Improving productivity ...
Railway Age is celebrating nine years of recognizing women in the freight, passenger, government, and supply sectors. These ...
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