CHICAGO — CN has reached a voluntary mitigation agreement (VMA) with the Village of Wayne, Ill., located approximately 33 miles northwest of downtown Chicago, regarding its acquisition of the Elgin, Jolietand Eastern Railway Company (EJ&E).
MONTREAL — CN and Earth Day Canada (EDC) announced a five-year partnership agreement under which EDC will support a CN program to encourage environmental values and initiatives among CN employees across North America.
TORONTO — CN announced the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway’s participation in the segment.
TORONTO — Metrolinx has purchased a section of CN’s Kingston Subdivision rail line, used primarily for commuter and passenger rail operations in eastern Toronto, for C$299 million.
MONTREAL — CN expressed its serious concerns about the final report of the Rail Freight Service Review (RFSR) panel that was issued today and its disappointment with the government’s response.
MONTREAL — CN said it has chosen the Sainte-Justine UHC Foundation and The Montreal Children’s Hospital Foundation as the official beneficiaries of the CN Miracle Match campaign to be held during the 2011 CN Canadian Women’s Open.
CHICAGO — CN expressed disappointment with the decision of the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C. denying the company’s request to reverse the Surface Transportation Board’s (STB) order requiring the railroad pay for the majority of the costs associated with two highway grade separation projects. In its Dec. 24, 2008 decision approving CN’s acquisition of the principal portion of the Elgin, Joliet and Eastern Railway Company (EJ&E), the STB ordered CN to pay 67 percent of the cost for a grade separation at Ogden Avenue in Aurora, Ill., and 78.5 percent of a separation at Lincoln Highway in Lynwood,
WINNIPEG — Claude Mongeau, president and chief executive officer of CN, called for a new business model that embraces innovation, increased productivity, and greater stakeholder collaboration.
MONTREAL — CN said that members of the Canadian Auto Workers union have ratified four-year collective agreements with the company and CNTL, a subsidiary of CN. The agreements, retroactive to Jan. 1, 2011, provide wage and benefit increases to CAW members. In addition, the settlements contain progressive provisions to help CN retain and attract skilled employees critical to its workforce in the years ahead. The CAW represents approximately 3,400 workers in three distinct bargaining units at CN – mechanical, clerical/intermodal and excavator operators; and one bargaining unit covering approximately 575 owner-operator truck drivers at CNTL. CN and CNTL reached tentative agreements
MONTREAL — CN said it plans to invest C$1.7 billion in 2011 to maintain a safe and fluid railway network, to grow the business efficiently and to continue to provide customers with a high level of service. Claude Mongeau, president and chief executive officer, said: “CN is focused on running a safe, sustainable railway and growing our business profitably at low incremental cost. We are pursuing this agenda through infrastructure investments, strengthening ties with our customers, and innovative service improvements. Our service innovations include ‘first-mile/last-mile’ initiatives that respond to customer needs at origin and destination, and supply chain collaboration that emphasizes