Canadian National Railway


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Canadian National Railway,

rail system in Canada and the United States, extending from coast to coast in Canada with many branch lines in each province and in the United States. The system began as an amalgamation of five separate railroad enterprises that were unified in 1922 under the ownership of the Canadian government. The company also operated telegraph, steamship, and hotel services; Canadian National divested its nonrail businesses during the 1980s and 90s. The company was privatized in 1995, and when the railroad purchased the Illinois Central in 1998, it became the fifth largest system in North America. In 1999, Canadian National announced a $6 billion merger with the Burlington Northern Santa Fe RailwayBurlington Northern Santa Fe Railway,
railroad system in much of the United States (except the Northeast) and in S Canada, created in 1995 from the merger of Burlington Northern Inc. and the Santa Fe Pacific Corp. (see Santa Fe RR).
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 to create the largest railroad in North America, but the deal was scuttled the following year after the U.S. Surface Transportation Board froze such mergers. Canadian National resumed its expansion in the United States in 2001, however, when it purchased the Wisconsin Central.
References in periodicals archive ?
The holdings of Weybosset Research & Management LLC in Canadian National Railway were worth $5,265,000 at the end of the most recent quarter.
In June, Canadian National Railway ended talks to acquire the Crown-owned ON Rail, saying the province demanded rich job guarantees for employees of the regional railway serving northeastern Ontario.
The information in this news release contains forward-looking statements, including the statement that if the Canadian National Railway strike is protracted and the company is required to substantially reduce production, the potential financial impact on NOVA Chemicals could be significant.
08% of Canadian National Railway worth $33,687,000 is being possessed by Zurcher Kantonalbank Zurich Cantonalbank at the end of the most recent quarter.
Look at Canadian Pacific Railway (NYSE:CP), Canadian National Railway (NYSE:CNI), and Norfolk Southern (NYSE:NSC) for some names to play.
Canadian National Railway says that this all rail service will benefit Indiana importers by cutting down the transit times and offering consistent transportation for smooth supply chains connectivity.
Canadian National Railway Company spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.

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