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Stock impact report

Why Via Rail wants an overhaul of the conditions for using CN's tracks [Globe and Mail, The (Toronto, Canada)]

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
Log in or create a free account to listen to this article. Documents supporting Via Rail's ongoing attempt to secure better access to tracks owned by Canadian National Railway Co. CNR-T increase shed new light on an increasingly strained relationship between the carriers. The Crown corporation has been trying to overhaul its contract with CN for years, finally asking the country's transportation regulator in 2023 to impose a new track-access agreement that sets their relationship on a fair footing. In a submission to the Canadian Transportation Agency, Via proposed changes that would help boost the number of trains on its key Quebec City-to-Windsor corridor, improve its poor on-time performance and pay more “reasonable” rates to CN. The request has borne no fruit since it was filed 18 months ago, in part because of a procedural delay related to CN's response. A request for confidentiality on some documents is still being considered, so CN's submission is not publicly availa Show less Read more
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