Insights and Stories on Carloads

Apr. 29, 2017 at 4:06 pm CDT

Canadian National Railway reports moving more Prairie grain in its first quarter than at the same time last year, despite “more demanding winter conditions” compared to 2016. Montreal-based CN on Monday reported net earnings of $884 million on overall revenues of $3.206 billion for the quarter ending March 31 (Q1), […]

By Staff

Jan. 19, 2017 at 4:53 am CST

A reduced Prairie grain handle has taken a bite out of the year-end gross for Canadian Pacific Railway in what’s turned out to be CEO Hunter Harrison’s last year on the job. Calgary-based CP on Wednesday announced full-year net income of $1.599 billion on $6.232 billion in gross revenues, up […]

By Staff

Oct. 25, 2016 at 5:50 pm CDT

Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” Montreal-based CN on Tuesday reported overall net income of $972 million on $3.014 billion in revenue for the quarter ending […]

By Staff

Oct. 19, 2016 at 7:11 pm CDT

Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income of $347 million on revenues of $1.554 billion for its quarter ending Sept. 30. While net income was up seven […]

By Staff