On Nov. 17, 1995, the Canadian government listed CN on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). At the time, the railroad was the largest and the oldest Crown Corporation in Canada.
The railroad says the spending will create higher capacity, which supports reductions in its customer’s transportation supply chain GHG emissions, by encouraging rail for long haul needs.
CN said it has reached a tentative new collective agreement with its more than 3,200 conductors and yard crews working on CN’s mainline and yards in Canada.
CN said it has successfully met the federal requirement to operate Positive Train Control (PTC) on all 35 of its U.S. subdivisions required to be equipped with PTC.
The nation’s railroads have made significant strides implementing Positive Train Control (PTC), a former Federal Railroad Administration (FRA) administrator says.