Canadian National Railway (CN) has entered into a resolution agreement with CIFF Capital and TCI (collectively known as TCI), and has named its new president and CEO. Tracy Robinson will serve as president, CEO,  and as a member of its board of directors, effective February 28, 2022. This appointment follows the previously announced retirement of… Read More

CN Rail is currently looking for a new CEO. Normally, an executive search wouldn’t draw that much attention; however, when the position is potentially filled by someone from a shareholding hedge fund, it could impact the direction and mission of the company. That’s according to the federal Conservatives, and Andrew Scheer, shadow minister for infrastructure… Read More

CN Rail says that train movement has resumed on CN’s rail line on the Kamloops-Vancouver corridor, allowing movement of goods to and from the Vancouver port. “CN would like to thank first responders and all emergency management officials for their support and dedication throughout this ordeal,” the company says. “CN crews will continue to monitor… Read More

We’ve all been watching the situation in British Columbia unravel, as this significant weather event continues to transpire and wreak havoc. Amongst the challenges people are facing in all the areas impacted, are challenges to our transportation system, along the highways and railways. David Przednowek, assistant vice president for grain with CN Rail, joined RealAg… Read More

The west coast, Fraser Valley, and further inland at Merrit, B.C. and just to the south has faced two days of incredible rainfall flooding homes, submerging roads, and cutting deep ravines under highways and bridges. Images of stranded cattle and horses, flooded roads and neighbourhoods, and completely destroyed roads have dominated the news since Monday,… Read More

The CEO of CN Rail plans to retire this winter, the railway announced on Tuesday, Oct 19. Jean-Jacques (JJ) Ruest will retire as president and chief executive officer, as well as board member for the company, at the end of January 2022 “or such later time as a successor has been appointed to ensure a… Read More

Canadian Pacific (CP) Railway’s plan to acquire Kansas City Southern (KCS) and establish the first Canada-U.S.-Mexico railway is back on track after U.S. regulators blocked rival Canadian National (CN) Railway’s merger application late last month. The KCS board of directors announced on Sunday — the deadline given by CP in its offer — that it… Read More

Update, Sept 1: KCS has canceled the shareholder vote that was to be held Friday on whether to accept CN Rail’s offer.  CN Rail’s preferred plan for taking over Kansas City Southern (KCS) has been blocked by U.S. regulators in a decision that’s being welcomed by rival suitor CP Rail. On Tuesday, the U.S. Surface… Read More

Both of Canada’s major railways say they moved a record amount of grain during the 2020-21 crop year, which wrapped up on July 31. CN Rail says it moved just over 31 million metric tonnes of Canadian grain and grain products in hopper cars, exceeding its previous record of 29.4 million tonnes set in the… Read More

 

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