CN 2Q earnings up from a year ago

Canadian National reported second-quarter earnings of C$717 million (US$694 million), or C$1.69 (US$1.64) per diluted share, up from net income in the comparable 2012 quarter of C$631 million, or C$1.44 per diluted share.

AMT, CN in talks on Deux-Montagnes line

CN is holding discussions with Montreal’s Agence metropolitaine de transport (AMT) on the possible sale of CN’s Deux-Montagnes line, including the Mount Royal tunnel, used by AMT regional trains.

CN 1Q earnings slip but beat Street

CN Monday reported first-quarter net income of C$555 million, or C$1.30 per diluted share, down from net income of C$775 million, or C$1.75 per diluted share, in the first-quarter of 2012.

CN names Vena exec VP, COO

Claude Mongeau, president and chief executive officer of CN, on Tuesday announced the promotion of Jim Vena to executive vice-president and chief operating officer.

CN, AMT spar over Montreal locomotive use

A dispute over locomotive operations in the Montreal metropolitan area is pitting CN against regional rail operator Agence Métropolitaine de Transport (AMT). CN, which owns right-of-way used by AMT, is prohibiting the operation of AMT’s ALP-45DP locomotives.

CN, CP end litigation over Hunter Harrison

CN announced Monday that it had settled its differences with CP and its former CEO Hunter Harrison over Harrison’s joining CP as CEO. The announcement came as CN Executive Vice-President and Chief Operating Officer, Keith Creel, announced that that he will join CP as its president and chief operating officer.

Canadian Pacific names Creel president and COO; reaches settlement with CN

Canadian Pacific appointed Keith Creel as president and chief operating officer effective February 5, 2013. E. Hunter Harrison, former chief executive officer of Canadian National, will remain CEO of CP.

CN notches solid 4Q results

Canadian National Tuesday reported fourth-quarter earnings of C$610 million (US$614 million), of C$1.41 per share, up from C$592 million, or C$1.32 a share, in the fourth quarter of 2011. Earnings met Wall Street consensus analyst estimates.

CN, Indiana Rail Road plan intermodal venture

CN and the Indiana Rail Road Co. on Wednesday announced plans to construct an intermodal terminal in Indianapolis, designed to offer Indiana importers and exporters an all-rail option for containerized products moving to and from Asia.

CN merges two U.S. subsidiaries

Canadian National ended 2012 by completing its merger of the Elgin, Joliet & Eastern Railway into its Wisconsin Central Ltd. railroad subsidiary.
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