Latest Minnesota railroads Stories

CALGARY, Feb. 22, 2013 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares.  The dividend is payable on April 29, 2013 to holders of record at the close of business on March 28, 2013, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation. About...

CALGARY, Feb. 21, 2013 /PRNewswire/ - E. Hunter Harrison, Chief Executive Officer, Canadian Pacific (TSX: CP) (NYSE: CP) will address the J.P. Morgan Aviation, Transportation & Defense Conference on Wednesday, March 6, 2013 at 8:45 a.m. Eastern time at the J. P. Morgan Conference Center, New York City, NY. Mr. Harrison's presentation will provide highlights of CP's current business performance and trends. There will be live audio webcasts of Mr. Harrison's presentation. ...

RADNOR, Pennsylvania, February 20, 2013 /PRNewswire/ -- To improve the efficiency of its fast-growing intermodal business, Canadian National Railway Company (CN) (TSX: CNR) (NYSE: CNI) has acquired Quintiq's Mobility Server to improve the performance of its container pick-up and delivery operations. CN will utilize Quintiq's Mobility Application to obtain real-time visibility of container pick-up and delivery via smart phones. CN, a rail industry leader that has 22,000...

MONTREAL, Feb. 19, 2013 /PRNewswire/ - Claude Mongeau, president and chief executive officer of CN (TSX: CNR) (NYSE: CNI), announced today the promotion of Jim Vena to the position of CN executive vice-president and chief operating officer. Mongeau said: "I am pleased to welcome Jim Vena to CN's Leadership Team as our new chief operating officer. Jim has a wealth of railway experience and strong leadership skills. I am confident that he will help us drive our agenda of...

MONTREAL, Feb. 12, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that it is suspending the feasibility study for the construction of its proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range. The feasibility study was initiated last August by CN and its partner La Caisse de dépôt et placement du Québec (the "Caisse"), along with a group of six mining companies.  The study has been progressing steadily over the past...

OMAHA, Neb., Feb. 7, 2013 /PRNewswire/ -- The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of 69 cents per share on its common stock, payable April 1, 2013, to stockholders of record February 28, 2013. (Logo: http://photos.prnewswire.com/prnh/20110304/LA59497LOGO) Union Pacific has paid dividends on its common stock for 114 consecutive years. About Union Pacific Union Pacific Railroad is the principal operating company of Union...

MONTREAL, Feb. 6, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) and the International Brotherhood of Electrical Workers (IBEW) System Council 11 announced today the ratification of a new four-year collective labour agreement by IBEW members. The union represents approximately 700 CN signals and communications employees in Canada. The agreement - providing improvements in wages and benefits to IBEW members - is retroactive to Jan. 1, 2013. Claude Mongeau, president and chief...

OMAHA, Neb., Feb. 6, 2013 /PRNewswire/ -- Rob Knight, chief financial officer of Union Pacific Corporation (NYSE: UNP), will address the BB&T Capital Markets Transportation Services Conference at 9:05 a.m. ET on Wednesday, February 13, 2013 in Miami, Fla. (Logo: http://photos.prnewswire.com/prnh/20110304/LA59497LOGO) Interested investors may view the presentation and listen to a live Internet webcast through our website at www.up.com/investors. A replay of the audio webcast...

MONTREAL, Feb. 5, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today a 2013 plan to invest approximately C$1.9 billion to maintain and upgrade its railway network, grow the business efficiently, and continue to improve customer service. Claude Mongeau, president and chief executive officer, said: "CN is committed to operating a safe and sustainable railway, making continued improvements in service and seizing traffic opportunities to grow at low incremental cost....

MONTREAL, Feb. 4, 2013 /PRNewswire/ - Upon Executive Vice-President and Chief Operating Officer, Keith Creel, announcing that he will join Canadian Pacific Railway Company as its President and Chief Operating Officer, CN (TSX: CNR) (NYSE: CNI) stated today that it had settled its differences with CP and its former CEO Hunter Harrison. The settlement ends the outstanding litigation between CN and CP before the Federal Court in Chicago, Illinois. As part of the settlement, CP has...