Canadian National Railway Company (CNI) is preparing to resume operations after Canada's Labour Minister, Steven MacKinnon, referred the labor dispute for binding arbitration. Canadian National is waiting for formal orders from the Canada Industrial Relations Board ("CIRB") to resume operations in the country. The railroad operator from Canada remains disappointed that the labor dispute with the Teamsters Canada Railway Conference ("TCRC") could not be resolved even after nine months of negotiations and req ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

MONTREAL, Aug. 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has issued notice to the Teamsters Canada Rail Conference (TCRC) formally advising them of its intention to lockout Canadian TCRCrepresented employees on Aug. 22 at 00:01 ET unless an agreement or binding arbitration is achieved before that time. Despite negotiations over the weekend, no meaningful progress has occurred, and the parties remain very far apart. Unless there is an immediate and definite resolution to the labour conflict, CN ...

sockagphoto/iStock Editorial via Getty Images Introduction Canadian National Railway (NYSE:CNI) (TSX:CNR:CA) has been a core holding of my portfolio for many years now. Canada's largest railroad, with significant operations in the US, operates in an industry only set to grow. My previous article, published in August last year, covered some of these growth prospects with port expansions, commodity transportation growth, and pricing power. Since then, the shares have fallen 3.4%, and when including dividends ...

MONTREAL, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Following the Canada Industrial Relations Board's (CIRB) decision that does not bring the labour conflict any closer to a resolution, CN (TSX: CNR) (NYSE: CNI) is formally requesting the Minister of Labour's intervention under section 107 of the Canada Labour Code to protect Canada's economy from the impacts of prolonged uncertainty. Negotiations with the TCRC resumed on Wednesday. However, no progress has been made as the TCRC has not engaged meaningfully at the ...

UPDATE SUSTAINABLE, PROFITABLE GROWTH 2024 INVESTOR FACT BOOK Exhibit 99.1 MOVING FORWARD TOGETHER CN powers the economy by safely transporting more than 300 million tons of natura resources, manufactured products, and finished goods throughout North America every year for its customers. With its 18,800-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico, contributing to sustainable trade and the prosperity of th ...

1 1 T T I 1 81 i n Pgiam A Brief History Of The Railroad Industry Railroads were first built in the US in the 19th century, rapidly and everywhere: by 1916, there was a peak of 254,037 miles of rail, and 1,200 railroad carriers, which collectively employed 1.7 million workers in the US. However by the 1920s - 1930s, automobiles became popular as road construction was subsidized, and in the 1950s - 1960s the rise of jet airlines both competed with (and won against) passenger rail in the US, leaving just frei ...

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- Tracy Robinson, President and Chief Executive Officer, CN MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. CN is focused on developing and preparing our people for the upcoming grain season. A major priority for this year, is ongoing employee engagement, recruiting and training as we continue to manage a challengi ...

MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. "We are confident that we have the right approach and resources in place to move this year's Canadian grain crop efficiently. We continue to lean into our scheduled railroading model and making sure that our ongoing capital investments position us for success again th ...