Overwhelmed by a surge in freight, Canadian National Railway Co. said its CEO is stepping down after less than two years, vowing to replace Luc Jobin with a leader who can deliver “speed and determination.â€
March 5, 2018Business, Logistics
CN Rail CEO Steps Down After Less Than Two Years
Canada Hikes Ownership Limit for Bill Gates-Backed CN Rail
The Canadian government is lifting ownership restrictions for Canadian National Railway Co. and major airlines such as Air Canada, among a series of steps to expand competition in the country’s transport sector.
May 17, 2017Business
Canadian National Struggling to Remain North America's Most-Efficient Railroad
Canadian National Railway Co. is running into challenges in maintaining its status as North America’s most efficient railroad.
April 26, 2017Business
Canadian National Railway Posts Higher Profits, Ending Tough 2016 on a High Note
Canadian National Railway posted a strong fourth quarter as earnings rose 8.2% year-over-year and beat analyst estimates during the period.
January 24, 2017Business
Canadian National Profit-Boosting Efficiency May Buoy 2016
Canada’s biggest railroad reported a operating ratio of 53.8% for the quarter, and the gauge — which compares expenses with sales — may remain below 60% through 2016, Chief Financial Officer Luc Jobin said Oct. 27.
October 28, 2015Business
Canadian National Reports Higher 1Q Profit
Canadian National Railway Co. said its first-quarter net income increased 30.7% to C$668 million, or C$1.45 per share, from C$511 million or C$1.08 per share, a year earlier.
April 26, 2011Business
CN’s Profit Jumps 38% in 2Q
Canadian National Railway Co. said its second-quarter net income rose 21% to C$534 million, or C$1.13 per share, from C$387 million or 82 cents per share, a year earlier.
July 23, 2010Business
CN’s Profit Jumps 21% in 1Q
Canadian National Railway Co. said its first-quarter net income rose 21% to C$511 million, or C$1.08 per share, from C$424 million or 90 cents per share, a year earlier.
April 27, 2010