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Canadian National Railway on Oct. 23 reported a third-quarter record for revenue, posting a 14% increase to C$3.68 billion.

Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader.

Canadian National Railway Co. plans to acquire 1,000 new-generation high-cube grain hopper cars over the next two years to rejuvenate the aging equipment needed to serve increasing annual crop yields, according to the Montreal-based railroad.

Canadian National Railway Co. will likely top C$3 billion ($2.3 billion) in capital spending for the second straight year in 2019 as it aims to speed up trains and capture rising demand for freight such as grain and crude oil, its top executive said.

Canadian National Railway plans to purchase 350 73-foot center beam railcars to meet the growing demand for transporting lumber products, the Montreal-based railroad announced May 2.

Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network.

Canadian National Railway reported April 23 first-quarter net income of C$741 million, or $1 a share, on revenues of $3.2 billion, a decline of $12 million.

Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers.

Canadian National Railway Co.’s new leader apologized to customers and vowed to clear backlogs and speed up service immediately by deploying additional resources.

Railroad giant Canadian National Railway has abruptly replaced CEO Luc Jobin, saying it needed a leader who would “energize the team,” and named Jean-Jacques Ruest as interim president and CEO.