Canadian National – Page 15

CN Donates $250,000 to Royal Alexandra Hospital

April 25, 2010 Railfanning.org News Wire

EDMONTON — CN announced a $250,000 donation to the Royal Alexandra Hospital Foundation in support of children’s health and community injury prevention. With this donation, CN and the Royal Alexandra Hospital have created the CN Injury Prevention Lecture Series featuring prominent Edmonton physician and safety expert Dr. Louis Francescutti. “Safety is a core principle at CN,” says Paul Miller, CN’s Chief Safety and Transportation Officer. “We have a strong history of working to promote health and safety, near railway tracks and in our communities, in playgrounds, in homes and schools across our system. We’re proud to partner with the Royal

STB to CN: Explain Discrepancies on Street-Crossing Blockages

April 23, 2010 Railfanning.org News Wire

WASHINGTON — The Federal Surface Transportation Board has directed Canadian National Railway Co. to come before the Board and explain the significant differences between information on street-crossing blockages in the Chicago area that the railroad has provided to the Board and the results of an independent audit conducted by the Board.

CN Sells Commuter Rail Line Segment West of Toronto Union Station to Metrolinx

March 31, 2010 Railfanning.org News Wire

MONTREAL — CN announced the sale of a key section of track west of Toronto Union Station to Metrolinx for C$168 million.

AAR Reports Monthly Carload Declines Slow in February 2010

March 10, 2010 Railfanning.org News Wire

WASHINGTON — The Association of American Railroads (AAR) reported that in February 2010, U.S. freight railroads saw a 1.5 percent decline in carloads compared with the same month last year and a decline of 15.6 percent compared with the same month in 2008.

AAR: Rail Carload Freight Reaches Highest Level in More Than a Year

March 7, 2010 Railfanning.org News Wire

WASHINGTON — Carload freight volume on U.S. railroads reached its highest level in more than a year during the week ended Feb. 27, the Association of American Railroads reported. U.S. railroads originated 290,261 carloads during the week ended Feb. 27, up 2.6 percent from the comparable week in 2009 and the highest level reported since the week ended Dec. 6, 2008. However, the total was still down 13.5 percent from comparison week in 2008. In order to offer a complete picture of the progress in rail traffic, AAR now reports 2010 weekly rail traffic with comparison weeks in both 2009

CN Employees Raise Money for Haiti Relief Efforts

February 19, 2010 Railfanning.org News Wire

MONTREAL — CN’s employee relief fund for Haiti has generated more than C$460,000 for the Red Cross to assist the agency’s continued relief efforts in Haiti, following the devastating earthquake on Jan. 10. Claude Mongeau, president and chief executive officer of CN, said: “The needs for recovery in Haiti are enormous, and the response of CN’s employees in the wake of this tragedy is inspiring. The success of CN’s employee relief fund for Haiti is a testament to the generosity of our railroaders across North America. The earthquake has taken much from so many Haitians, and we are pleased to be

CN Announces New $100M Calgary Logistics Park

February 4, 2010 Railfanning.org News Wire

CALGARY — CN announced plans to establish a new $100-million CN Calgary Logistics Park in Conrich, located in Rocky View County north east of Calgary. The 680-acre park is planned to include a state-of-the-art intermodal terminal with room for customers to co-locate with CN and custom build their facility in place. The Logistics Park will be designed to include a multi commodity transload and warehouse facility, an automotive compound, and a liquid/bulk transload and distribution facility. The site is strategically located a few miles east of the Calgary Airport, on Twp Road 250/ McKnight Boulevard, providing fluid access to Stoney Trail

CN Reports Q4-2009 Net Income

January 26, 2010 Railfanning.org News Wire

MONTREAL — CN reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2009. Fourth-quarter and full-year 2009 highlights: — Net income and diluted earnings per share for the final quarter of 2009 increased two per cent from the year-earlier period to C$582 million and C$1.23, respectively. The results included an after-tax gain of C$59 million (C$0.12 per diluted share) from a line-sale to Metrolinx, a transit agency in Toronto, and a deferred income tax recovery of C$99 million (C$0.21 per diluted share). — Excluding these items, adjusted fourth-quarter 2009 net income was C$424 million,

Feds Announce New Safety Standards for Freight and Passenger Trains

January 23, 2010 Railfanning.org News Wire

WASHINGTON — U.S. Transportation Secretary Ray LaHood and Federal Railroad Administration (FRA) Administrator Joseph Szabo on Jan. 12 announced historic safety regulations requiring that Positive Train Control (PTC) technology be installed on the nation’s major rail lines as well as commuter and intercity passenger rail routes.

CN Board of Directors Recognizes Outgoing President and CEO, E. Hunter Harrison

December 23, 2009 Railfanning.org News Wire

MONTREAL — David G. A. McLean, chairman of the board of directors of CN, acknowledged the remarkable career of CN’s outgoing president and chief executive officer E. Hunter Harrison. “On behalf of CN’s board of directors, I would like to thank Hunter for the outstanding leadership and service that he has provided to this company. His innovative Precision Railroading model and tireless dedication has led to the creation of a great North American railroad and will leave this company well positioned for future success,” said McLean. “As Hunter prepares to step down from the company and from its board of