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Tag Archives: CN Rail

Massive freight train derailment in Canada (Video)

Screen Grab of Train derailment

PortandTerminal.com, September 15, 2020 VANCOUVER, BC – A train carrying potash derailed on Monday morning near Hope, B.C. in Canada. CN Rail says at least 60 railcars came off the tracks in the incident. Canadian Broadcaster Global News has aired drone footage that show the enormity of the accident (see above). The company says no injuries, fires or dangerous goods …

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Canadian National Railway (CN) Investing $60 Million in Louisiana

HOMEWOOD, Ill., July 27, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $60 million (USD) across Louisiana in 2020. The investments includes a multi-year project to rebuild the McComb Spillway Bridge, replacement of rail and ties, as …

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INTERMODAL: Union gives strike notice after CN Rail lays off 1,600 employees

PortandTerminal.com, November 19, 2019 More than 3,000 CN workers on strike, shutting down Canada’s biggest rail network. Striking rail workers say work-life balance and safety issues are key concerns of the labour dispute MONTREAL, QUEBEC – More than 3,000 Canadian National Railway Co. train operators went on strike just past midnight on Tuesday morning, shutting down Canada’s largest rail network. …

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INTERMODAL: CN Rail slashes 1,600 jobs citing weak economy, trade tensions

PortandTerminal.com, November 17, 2019 MONTREAL, QUEBEC – Canada’s CN Rail has announced that it will be laying off up to 1,600 employees due to a weakening Canadian economy, declining cargo volumes and on-going trade tensions. In October, Canada’s largest railroad operator cut its adjusted earnings per share outlook percentage for 2019 to the high single digits, down from predictions of …

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Port of Québec Announces huge Deal with Hutchison Ports and CN Rail to Develop New $775 Million Container Terminal

PortandTerminal.com, May 29, 2019 QUÉBEC CITY, CANADA – The Québec Port Authority (“QPA”) announced the signing of a long-term commercial agreement with Hutchison Ports, the world’s leading port network, and CN (Canadian National Railway), the leading North American transportation and supply chain company, to build and operate the new container terminal, known as project Laurentia (previously Beauport 2020). The agreement stipulates that Hutchison Ports will …

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