canadian national News Updates

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, 2017
Business

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, 2017
Business

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, 2017
Business

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, 2015
Business

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, 2011
Business

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, 2010
Business

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