Canadian National

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Canadian National

CN Opens Toronto Auto Compound

September 12, 2009 Railfanning.org News Wire
TORONTO — CN opened a new Toronto Automotive Compound at MacMillan yard north of Toronto. The new facility’s track layout will accommodate the unloading of 60 auto-carrying rail cars at once, compared with 27 unloading spots at the former compound at Mac Yard, and will have room to park up to 4,500 vehicles. A planned phase two expansion of the compound will provide parking for 6,000 cars and/or trucks. “Our Toronto Automotive Compound is a key facility in our vehicle distribution network in Ontario, the largest auto market in Canada,” said James Foote, executive vice-president, Sales and Marketing for CN.
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BNSF

AAR Reports Rail Traffic Continues to Register Gains

September 4, 2009 Railfanning.org News Wire
WASHINGTON — The Association of American Railroads today reported that rail traffic continues to register incremental gains on a week-to-week basis, but remains down year over year. Rail carloadings were at their highest level since the week ended Dec. 13, 2008. For the week ended Aug. 29, 2009, U.S. railroads reported originating 285,580 cars, down 16.2 percent compared with the same week in 2008. Regionally, carloadings were down 16 percent in the West and 16.6 percent in the East. Intermodal traffic of 202,553 trailers or containers on U.S. railroads was down 15.6 percent from the same week last year. Container
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Canadian National

CN Grows Jet-Fuel Traffic at Toronto’s Pearson International Airport

July 21, 2009 Railfanning.org News Wire
MONTREAL is developing a fast-growing business supplying jet fuel to airlines serving Toronto’s Lester B. Pearson International Airport. The effectiveness of CN’s rail pipeline for jet fuel to Pearson prompted the construction of a new Jet Fuel Rail Offloading, Storage and Distribution Facility near the airport, adjacent to CN’s Malport rail yard in northwest Toronto. “The changing dynamics of jet-fuel supply for airlines serving Pearson airport now require the carriers to strategically source fuel across the globe, and this has opened the door to rail to play an increasingly important role in these longer supply chains,” said James Foote, executive
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Canadian National

CN Declares Third-Quarter 2009 Dividend

July 20, 2009 Railfanning.org News Wire
MONTREAL — CN announced that its Board of Directors has approved a third-quarter 2009 dividend on the Company’s common shares outstanding. A quarterly dividend of 25.25 cents per common share will be paid on Sept. 30, to shareholders of record at the close of business on Sept. 9. — PRNewswire-FirstCall
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BNSF

AAR: Rail Freight Traffic Down in June

July 7, 2009 Railfanning.org News Wire
WASHINGTON — The Association of American Railroads reported that U.S. railroads originated 1,039,889 carloads of freight in June 2009, down 19.7 percent with 255,668 fewer carloads, compared with June 2008. U.S. intermodal rail traffic – comprising trailers and containers on flat cars that are not included in carload figures – totaled 755,000 units in June 2009, down 18.2 percent compared with the same period last year with 168,031 fewer trailers and containers, the association said. For the first six months of 2009, total U.S. rail carloadings were down 19.5 percent (1,594,411 carloads) to 6,579,294 carloads, while intermodal traffic was down
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Canadian National

CN Announces Fleet Acquisition for Agawa Canyon Tour Train

May 15, 2009 Railfanning.org News Wire
SAULT STE. MARIE, Ontario — CN and the Sault Ste. Marie Economic Development Corp. (SSMEDC) announced today an agreement to acquire locomotives and passenger cars to re-equip the Agawa Canyon Tour Train that runs north of The Sault into spectacular Canadian Shield country. CN, the operator of the tour train, is acquiring three Electro-Motive F-40 locomotives, eight coaches, two cafe/lounge cars, three club cars and a presentation coach from Ansco Investment Company of Denver, Colo. The fleet renewal will include the refurbishment of the Ansco cars, as well as two existing CN passenger dome cars. The re-equipped train will accommodate
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Canadian National

CN Reaches Voluntary Mitigation Agreement with the City of Elgin, Ill.

May 4, 2009 Railfanning.org News Wire
CHICAGO — Canadian National announced a voluntary mitigation agreement with the City of Elgin, Ill., addressing the municipality’s issues with CN’s acquisition of the principal lines of the former Elgin, Joliet and Eastern Railway Company (EJ&E). CN completed the acquisition on Jan. 31, 2009, and is running trains over the line. Under the agreement with Elgin, CN will provide funding for noise mitigation, emergency response training, and measures to maintain existing quiet zones. CN now has voluntary mitigation agreements with 16 municipalities that are home to more than 50 per cent of the population along the EJ&E in Illinois and
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Canadian National

CN Appoints Luc Jobin Executive VP, CFO Effective June 1

April 29, 2009 Railfanning.org News Wire
MONTREAL — E. Hunter Harrison, president and chief executive officer of CN, announced the appointment of Luc Jobin, C.A., as the executive vice-president and chief financial officer of the company effective June 1. Jobin, 50, will be responsible for financial management and strategic planning at CN. Jobin will succeed Claude Mongeau, whom the CN board of directors recently selected to become CN president and chief executive officer effective Jan. 1, 2010. Between June 1 and yearend, Mongeau will act as executive vice-president, spending most of his time in the field broadening his knowledge of CN’s network and operations before assuming