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Canadian National CN
November 23, 2021
|
Freight
CP set to resume British Columbia service after devastating floods
No timeline set for restoring operation on two other lines used by Canadian National.
November 8, 2021
|
Locomotives
CN purchases FLXdrive battery-electric freight locomotive
The locomotive can reduce fuel consumption and emissions by up to 30%.
October 21, 2021
|
North America
JJ Ruest to retire from Canadian National
President and chief executive to leave role by the end of January 2022.
September 20, 2021
|
Financial
Canadian National outlines strategic vision following failed KCS merger
The Class 1 plans to reduce its operating ratio to 57%.
September 17, 2021
|
Freight
CP and KCS finally agree merger terms
Canadian Pacific Railway and Kansas City Southern have finally agreed to merge after a counter-offer from Canadian National was rejected.
September 16, 2021
|
Financial
Kansas City Southern agrees termination fees with Canadian National
Refund of $US 1.4bn follows failure of CN’s planned merger with KCS.
September 14, 2021
|
Financial
CP edges closer to Kansas City Southern merger
Merger deal worth around $US 30bn and set to be accepted by September 20.
September 1, 2021
|
Central/South America
Surface Transport Board rejects planned CN/KCS merger
Canadian National is evaluating its options; Canadian Pacific urges its own offer to be accepted.
August 18, 2021
|
Financial
Class 1 railways respond to STB over intermodal concerns
Increased demand as global economic recovery a factor in American intermodal congestion.
August 11, 2021
|
Financial
CP comes back with revised offer for KCS
The news comes as STB confirms date for voting trust decision on CN proposal to purchase the Class 1.
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