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CN and Canadian Pacific sign routing protocol

US.WEBTRAINS.NET
11/19/2007 AT 06:32

E. Hunter Harrison, president and chief executive officer of CN, said: “This routing protocol will deliver faster, more dependable service to our customers while generating better utilization of railway assets. These gains will build on significant service and efficiency improvements generated by CN and CP in recent years through a series of asset-sharing agreements. We are working together smarter for our customers, yet remain determined competitors in the marketplace.”

Fred Green, president and chief executive officer of CP, said: “This protocol will focus the flow of interline traffic between CN and CP at the most fluid, efficient interchanges, in some cases removing traffic from congested locations. This will benefit our customers and effectively generate increased rail capacity to accommodate traffic growth. We are both keen to grow our share of the transportation pie.”

Canada's new government revitalizes inter-city

The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, along with the Honourable Jim Flaherty, Minister of Finance, today announced a new funding package for VIA Rail Canada Inc., a Crown corporation, to revitalize inter-city passenger rail services in Canada.

Sale of Central Station Complex in Montreal

CN announced today they have reached an agreement under which Homburg Invest will purchase the Central Station Complex (CSC) in Montreal and CN will leaseback its corporate headquarters building and Central Station railway passenger facilities.

Gearing up for Back to School

With back-to-school jingles and sales beginning, students are budgeting their hard-earned summer funds with a year full of activities in mind.

UTU labor agreement on former WC

CN said United Transportation Union (UTU) members on its former Wisconsin Central (WC) territory have ratified a new collective labor agreement providing general wage increases through mid-2011.

CN plans sale of Central Station in Montreal

CN announced today plans to sell its Central Station Complex (CSC) in Montreal, and to lease back its corporate headquarters building and the railway passenger facilities of the station, two key components of the CSC.

CN pursues alternative fuels growth strategy

CN announced its alternative fuels strategy focused on generating new business from the transportation of ethanol and ethanol feedstock, wood pellets, and biodiesel fuel.

CN to build C$20-million transload centre

CN announced it will construct a C$20-million transload operation and intermodal rail terminal in Prince George, B.C., for the export of containerized products to and from Asian markets through the new Port of Prince Rupert, B.C., rail/maritime intermodal facility.

CN derailment disrupts VIA service

Due to a 32-car Canadian National freight train derailment east of Kingston, Ontario, this morning, VIA Rail Canada is replacing its regular train service with motor coach between Toronto and Montreal/Ottawa, in both directions, until the line is reopened to rail traffic.

2007 1st Quarter News Releases

CN will issue its fourth-quarter 2006 financial and operating results on Jan. 23, 2007, shortly after 4 p.m. Eastern time (ET). CN’s senior officers will review the results and the railway’s outlook later that day in a conference call/webcast starting at 4.30 p.m. ET.

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