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In March 2021, CN subsidiary WCL reached a deal to sell roughly 1,400 km (900 mi) of non-core rail lines and assets in Michigan, Wisconsin, and Ontario to short-line operator Watco. [ 26 ] In April 2021, CN bid nearly $30 billion for Kansas City Southern (KCS), ostensibly creating a bidding war between itself and CPR, who had placed a $25 ...
China Railway Corporation was established in 2013 to be responsible for railroad construction, operation, and maintenance. [6]: 209 Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on 18 June 2019.
Oakville subdivision purchased from CN between Union Station and Fourth Line; Bala subdivision purchased from CN between Union Station and Doncaster Diamond. [13] Kitchener 2013-01-07 63 Acton opened. Lakeshore West 2013-03-21 313.9 kilometres (195.0 mi) 70.9% Oakville subdivision purchased from CN between Fourth Line and Brant Street. [14 ...
Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members of the Teamsters union who operate the trains and dealing ...
"CN is very focused to repurpose that network, which is in great shape and only running at 50% capacity," Ruest said. CN Rail sees eastern network revival on supply chain diversity, ports Skip to ...
The 2024 Canada railway dispute was a labour-business dispute between the Canadian National Railway Company (CN) and Canadian Pacific Kansas City (CPKC) and the Teamsters Canada Rail Conference that shut down the freight railway operations of both railway companies. The shutdown also included passenger trains operating on CPKC tracks, but not ...
The criticism of London-based investment firm TCI Fund came as Canadian National on Monday set March 22 as the date for a special shareholder meeting to vote on TCI's demands.
Although CP competitor Canadian National Railways began its own new transcontinental service, the Super Continental, on the same day, CP was able to boast honestly that The Canadian was "The first and only all-stainless steel 'dome' stream-liner in Canada" – it was not until 1964 that the CN acquired dome cars from the Milwaukee Road.