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UPDATE 1-Canada's CN Rail hiring thousands as shipments surge

10h reuters
WINNIPEG, Manitoba/MONTREAL, Nov 17 (Reuters) - Canadian National Railway Co plans to extend a major hiring spree into next year as Canada’s biggest freight railroad scrambles to catch up with surging shipments and fill vacancies, a company official said on Friday. (21-0)

Canada's CN Rail hiring thousands as shipments surge

10h reuters
WINNIPEG, Manitoba/MONTREAL, Nov 17 (Reuters) - Canadian National Railway Co plans to extend its biggest hiring blitz in three years into 2018, as it scrambles to catch up with surging shipments and fill vacancies, a vice-president with Canada’s biggest freight railroad said on Friday. (21-0)

What Drove Canadian Pacific Railway’s Freight Growth in Week 44?

2017-11-15 marketrealist
In week 44, which ended on November 4, 2017, Calgary-based Canadian Pacific Railway (CP) witnessed volume gains both in carloads and intermodal units. It hauled ~32,600 carloads compared with ~31,000 units in the week ended November 5, 2016. That was a 5.1% volume gain for the company. (21-0)

Canadian Pacific Watching Signs of Life in Crude by Rail Shipments

2017-11-15 rigzone
MONTREAL/CALGARY, Alberta, Nov 14 (Reuters) - Canadian Pacific Railway Ltd sees shipments of crude by rail "coming alive a little bit," Chief Marketing Officer John Brooks said on Tuesday, signaling a pickup in a business that had been hurt by low energy prices and competition from pipelines. (17-0)

Volume Growth Drives Railroads in Q3; What Lies Ahead?

2017-11-14 zacks
The Q3 earnings season saw upbeat bottom-line performances by most railroad operators despite the recent hurricanes (Harvey, Irma and Maria). In fact, railroads seem to be recovering this year after a prolonged struggle due to coal-related issues. (50-0)

UPDATE 1-Canadian Pacific eyeing signs of life in crude by rail shipments

2017-11-14 reuters
MONTREAL/CALGARY, Alberta, Nov 14 (Reuters) - Canadian Pacific Railway Ltd sees shipments of crude by rail “coming alive a little bit,” Chief Marketing Officer John Brooks said on Tuesday, signaling a pickup in a business that had been hurt by low energy prices and competition from pipelines. (17-0)

How Did Burlington Northern Santa Fe Perform in 3Q17?

2017-11-14 marketrealist
On November 3, 2017, Burlington Northern Santa Fe (or BNSF) filed a Form 10-Q with the SEC (U.S. Securities and Exchange Commission). BNSF, a holding company, is privately owned by Berkshire Hathaway (BRK.B), which is headed by Warren Buffet. The former owns and operates the largest rail network in North America through its subsidiary BNSF Railway Company. (55-0)

The 2018 All-America Executive Team: What Makes a Top CEO | Institutional Investor

2017-11-11 institutionalinvestor
The chief executives lauded by asset managers and analysts as the best in the business vary by tenure and experience, but do have a few traits in common. (39-0)

Dream Unlimited: Asset Manager Hidden Inside Real Estate Company - 46% Upside

2017-11-11 seekingalpha
Dream Unlimited (OTC:DRUNF) is primarily an asset manager of real estate assets based in Canada. The business is a very high quality one, where the company receives significant fees for managing the Dundee family of REITs on long-term contracts. This is an asset light business, and one that is very valuable. The company trades more volume in Canada under the symbol [TSX:DRM]. Given it also reports in Canadian dollars and does most of its business in Canada, all figures in this report are in Canadian dollars unless otherwise noted. (23-0)

Bill Ackman Blames People For His Defeat At ADP

2017-11-10 valuewalk
Bill Ackman has blamed a lot of people for his defeat at Automatic Data Processing (ADP), while saying the company’s description of the result is inaccurate. The Pershing Square Capital Management CEO received under 25% of the votes cast at the meeting, according to a statement from ADP, while his fellow nominees may have performed worse. (47-0)

Ackman Is Defeated in Activist Bid to Jolt ADP Board - The New York Times

2017-11-07 nytimes
The activist investor William A. Ackman suffered a stinging rebuke on Tuesday, failing in his campaign to shake up the board of ADP, the $50 billion payroll-processing firm. (169-0)

Genesee & Wyoming’s 3Q17 Earnings Miss and Stock Climb

2017-11-06 marketrealist
On October 31, 2017, the largest short-line operator in US, Genesee & Wyoming (GWR) announced its 3Q17. The company fell 2.4% short of the analysts’ estimate of $0.83 for adjusted EPS (earnings per share) and reported $0.81 per share. The non-class-I US railroad fell short of its own earnings guidance of $0.85 per share. (3-0)

Bill Ackman’s Battle With ADP Is a Litmus Test for Activist Investing - The New York Times

2017-11-03 nytimes
One night in early August, Carlos Rodriguez, the chief executive of the payroll processing firm ADP, was driving home from a board meeting to celebrate his wife’s birthday when he got a call that every corporate leader dreads. On the phone was William A. Ackman, the brash activist investor, announcing that he had taken a stake in ADP and wanted to shake up the board. (6-0)

City of Vancouver unveils ideas from 100 residents for Arbutus Greenway

2017-10-30 cbc.ca
Food trucks, playgrounds, community gardens and even old railway cars form some of the ideas from 100 Vancouver residents for the city's Arbutus Greenway. (3-0)

Canadian National Railway: A Slightly Overvalued Core Holding In The FFJ Portfolio

2017-10-27 seekingalpha
Q3 2017 results reported on October 24, 2017, with quarterly net profit down 1% to $0.958B, but increased demand evidenced. (21-0)