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Canadian National Railway |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
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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 Railway Burlington 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 ). ..... Click the link for more information. 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. |
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| Mongeau, the finance chief of Canadian National railways, relates how CN went from being the worst North American railroad in terms of financial metrics to perhaps the best in less than a decade. Hollett was head of strategic brand development at Corporate Branding Partnership (now CoreBrand), where he was responsible for strategic marketing consulting for clients, including American Century Investments, Lucent Technologies, Fortune Brands, Ciba Specialty Chemicals and Canadian National Railways. Prior to that, he was full-time Executive Chair of Canadian National Railways ("CN Rail"), a position he held from 1989 to 1994. |
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