{"id":250781,"date":"2025-10-30T20:10:10","date_gmt":"2025-10-30T20:10:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/250781\/"},"modified":"2025-10-30T20:10:10","modified_gmt":"2025-10-30T20:10:10","slug":"cn-rail-lays-off-400-managers-as-freight-volumes-tied-to-u-s-trade-war-fall","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/250781\/","title":{"rendered":"CN Rail lays off 400 managers as freight volumes tied to U.S. trade war fall"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/WYSF4BRRABF27GTT6FE52H7SRI.jpg?auth=409a35b70b232131b383a293400d8fee7e85374a2749ceb8d39d783b87aa8208&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Though freight volumes at CN and Canadian Pacific Kansas City are up slightly overall, key cargo segments at the centre of the tariff battle have seen steep declines in carloads.Peter Power\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Canadian National Railway Co. <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CNR-T\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CNR-T\/\">CNR-T<\/a> has laid off about 400 managers amid a slump in freight volumes tied to the trade war with the United States.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The job losses are at rail offices across Canada and the United States, where CN has extensive operations. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cCN has been adjusting its unionized and management headcount across Canada and the U.S. to reflect the business environment,\u201d Ashley Michnowski, a CN spokeswoman, said in an e-mail. \u201cWe are careful to do this so to not compromise safety, operational excellence and our ability to take advantage of growth opportunities.\u201d <\/p>\n<p class=\"c-article-body__text text-pr-5\">Freight volumes at the two major Canadian railways, CN and Canadian Pacific Kansas City Ltd., are up by 1.8 per cent year-to-date, according to the American Association of Railroads. But key cargo segments at the centre of the tariff battle have seen steep declines in carloads. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-carney-xi-apec-meeting\/\" rel=\"nofollow noopener\" target=\"_blank\">Carney to meet with Xi as he seeks to offset damage from U.S. tariffs<\/a><\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-ottawa-gm-stellantis-tariffs-auto-sector\/\" rel=\"nofollow noopener\" target=\"_blank\">Ottawa\u2019s move to curb tariff relief for GM, Stellantis will harm country\u2019s auto sector, manufacturers say<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Carloads of ores and metals are down by 10 per cent, while automobiles and related parts have fallen by 6 per cent, compared with the same period last year, says the AAR, which includes the U.S. and Mexican operations of the Canadian railways. Forest product carloads have plunged by 7.5 per cent. Grain volumes have risen by 14 per cent this year amid strong harvests. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The U.S. has imposed 25-per-cent tariffs on <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-us-automakers-tariffs-donald-trump-10-billion-costs\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-us-automakers-tariffs-donald-trump-10-billion-costs\/\">imported cars<\/a> from Canada, and 50-per-cent duties on<a href=\"https:\/\/www.theglobeandmail.com\/business\/article-algoma-steel-results-quarterly-loss-tariffs\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-algoma-steel-results-quarterly-loss-tariffs\/\"> steel<\/a> and aluminum. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mexican rail traffic is down by 4 per cent this year, compared with the year-ago period, and has fallen in all categories except automotive, the AAR said, excluding CPKC\u2019s operations in Mexico. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Calgary-based CPKC said on Wednesday profit in the third quarter rose by 10 per cent and revenue increased by 3 per cent.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Montreal-based CN reports its financial results on Friday before markets open. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Though freight volumes at CN and Canadian Pacific Kansas City are up slightly&hellip;\n","protected":false},"author":2,"featured_media":250782,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[901,888,902,879,877,903,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,43,889,890,884,904,885,909,910,44,912,907,911,905,908,882,898,899,714,897,906,865,61,41,39,42,40,900,892,886,883,913],"class_list":["post-250781","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-headlines","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-news","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/250781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=250781"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/250781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/250782"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=250781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=250781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=250781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}