CN closes deal on Iowa railway

CN closes deal on Iowa railway

The agreement will link about 275 track miles to the carrier's U.S. rail network

Canadian National Railway (CN) has inked a deal to buy an Iowa railway and connect it to its U.S. rail network, the company announced Dec. 6.

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Go bigger on interswitching pilot, grain groups urge Ottawa

Railways say the measure creates inefficiencies; farm groups say the opposite is true

Farm groups from across the country are asking producers to lobby federal ministers and MPs and urge them to super-size a government proposal for what’s called ‘extended interswitching.’ The measure, part of this spring’s federal budget, essentially gives grain shippers a choice in which railway they deal with (as long as the competitor’s line is


A customer looks at food items displayed on shelves at a supermarket, amid the COVID-19 outbreak in Shanghai, China on Nov. 30, 2022. (Photo: Reuters/Aly Song)

CBOT weekly outlook: Circumstances could mess with usual holiday lull

MarketsFarm — Usually at this time of year, the Chicago Board of Trade (CBOT) slips into its holiday lull, with most trading sticking to a sideways range, Scott Capinegro of Barrington Commodities said, suggesting that could change. “With such geo-political stuff going on and a possible railroad strike [in the United States], it kind of

Signage outside an IBEW office in Winnipeg. (File photo by Dave Bedard)

CN signals staff to return to work Wednesday

IBEW, railway to go to binding arbitration

Signals and communications workers at Canadian National Railway (CN) are set to end their 17-day strike and return to work Wednesday morning. CN, in a statement Monday, said the International Brotherhood of Electrical Workers (IBEW) System Council 11, which represents about 750 of the company’s employees across the country, had agreed to take its labour

Most of the car wheelsets from the 2019 derailment were recovered for “further examination and testing,” the Transportation Safety Board said. (TSB photo)

CP disputes TSB’s conclusions on fatal grain train crash

Safety board urges automatic parking brakes, 'enhanced' brake testing for conditions

The federal Transportation Safety Board’s report into the fatal derailment of a Canadian Pacific Railway (CP) grain train in the Rocky Mountains in 2019 calls for changes to train braking systems and maintenance. CP, however, is questioning the TSB’s conclusions about the braking performance of the train involved, saying those conclusions are “based on inappropriate


CN locomotives in Winnipeg. (Photo courtesy CN)

Hedge fund TCI seeks delay in CN CEO search

Reuters — TCI Fund Management said on Thursday Canadian National Railway’s search for a new chief executive officer should be delayed until shareholders at the nation’s top rail operator vote for a new search committee to elect a CEO. The announcement comes days after CN said TCI’s pick and former Union Pacific executive Jim Vena