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.
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.
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, 2017Canadian 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.
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, 2011CN’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, 2010CN’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