Canadian National
Canadian National
Canadian National
CN to Build Two Central Training Facilities in Canada and U.S.
WINNIPEG, Sept. 28, 2012 /PRNewswire/ – CN (TSX: CNR) (NYSE:CNI) announced today a revitalized company-wide employee training program to meet the learning needs of CN’s current and future railroaders. The initiative will be anchored by two modern training centres to be built in Winnipeg, Man., and in suburban Chicago, Ill. “These facilities will be the centrepiece of CN’s enhanced railroader training program,” said Claude Mongeau, CN president and chief executive officer. “The centres in both Canada and the United States will include a modern training curriculum and equipment to effectively train a new generation of railroaders.” CN broke ground today
Canadian National
CN Acquiring New Freight Cars, Containers to Support Traffic Growth, Improve Service
MONTREAL — CN said it is acquiring more than 2,200 new freight cars in 2012, as well as 1,300 new containers, to support traffic growth and improve customer service. “CN is acquiring new freight cars and containers for a range of markets, including forest products, metals, minerals, coal, iron ore, steel, consumer goods, finished vehicles, and grain,” Jean-Jacques Ruest, executive vice-president and chief marketing officer, said. “These fleet additions will help us grow in line with our customers’ demands and ensure CN has the right mix of modern, productive assets.” CN’s largest rolling stock addition in 2012 is the acquisition
Canadian National
CN Sells Greater Toronto Area Rail Lines to Metrolinx for GO Transit Services
TORONTO — CN has sold two rail line segments in the Greater Toronto Area to Metrolinx for $310.5 million Canadian. GO Transit’s Richmond Hill commuter rail service operates over a portion of CN’s Bala Subdivision. Metrolinx is acquiring a segment of the subdivision from approximately Rosedale Valley Road north through the Don Valley to CN’s main east-west freight line north of Steeles Avenue near the Toronto-York Region border. Metrolinx is also acquiring a segment of CN’s Oakville Subdivision from a point near 30th Street in the Etobicoke area of Toronto and terminating just west of the Fourth Line in Oakville,
Canadian National
CN to Acquire 161 Locomotives
MONTREAL — CN announced a major locomotive acquisition program to accommodate anticipated traffic growth and to improve operational efficiency, enabling the railway to better serve its customers. CN will acquire 65 new high-horsepower locomotives as well as 96 second-hand high-horsepower locomotives that will be upgraded. “CN’s locomotive acquisition program represents a balanced, capital-effective approach to handle expected volume growth over the next two to five years and to meet the locomotive requirements resulting from customer focused service plans,” Keith Creel, executive vice-president and chief operating officer, said. “The new and used motive power will enhance operational efficiency and reduce fuel
Canadian National
Canadian National
Canadian National
CN Invests in Extended Sidings in Northern Ontario
TORONTO — CN announced plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are planned for this main line in 2012.
Canadian National