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CN Launches New Firefighting Trains to Help Protect Supply Chain
Newsfilter· 2024-05-29 18:00
MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the addition of two new firefighting trains along with two additional railcars to its fire mitigation and suppression fleet. With wildfires underway across Canada, this specialized fleet, the Trident and the Neptune trains will join CN's existing firefighting train, Poseidon. Together, these three trains will provide support in combatting wildfires along CN's right-of-way, bringing a significant amount of water and fire suppr ...
Tracy Robinson and Ghislain Houle to Address Bernstein's 40th Annual Strategic Decisions Conference on May 31
Newsfilter· 2024-05-24 13:00
MONTREAL, May 24, 2024 (GLOBE NEWSWIRE) -- Tracy Robinson, President and Chief Executive Officer, and Ghislain Houle, Executive Vice-President and Chief Financial Officer of CN (TSX:CNR) (NYSE:CNI), will address the Bernstein's 40th Annual Strategic Decisions Conference on May 31, 2024 at 9:00 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CN CN powers the economy by ...
Why Is CN (CNI) Up 3.8% Since Last Earnings Report?
zacks.com· 2024-05-23 16:36
It has been about a month since the last earnings report for Canadian National (CNI) . Shares have added about 3.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is CN due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Canadian National in Q1 Canad ...
CN Presents Simplified Offer to TCRC to Achieve a Deal
Newsfilter· 2024-05-16 16:30
Details of the New Offer In the new offer CN will schedule days off and would pay a higher rate for any work over 10 hours in a shift with a maximum of 12 hours per shift for employees in Western Canada, which is compliant with the maximum on-duty period under the Duty and Rest Period Rules. All employees will keep their existing 10 paid leave days, their existing 10 paid medical leave days, their existing vacation allotment, their existing statutory holidays, and their rest at their home terminal. Other ch ...
Unifor Affiliated CNTL Drivers Ratify New Collective Agreement
Newsfilter· 2024-05-14 20:30
MONTREAL, May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that the tentative agreement between CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, and owner-operators affiliated with Unifor has been ratified. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027. CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, an ...
CN Unveils Innovative Transload Facility in Flat Rock
Newsfilter· 2024-05-14 15:00
FLAT ROCK, Mich., May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is proud to announce the grand opening of its new transload logistics facility in Flat Rock, Michigan. Target Steel, the facility's first customer, will convert a large part of their traffic from trucks to rail for steel coils. This resulting streamlining of operations and removal of a substantial number of heavy weight trucks off highways, is expected to reduce related greenhouse gas emissions by up to 75%. "We are excited to open t ...
Ghislain Houle, and Derek Taylor to address the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22
Newsfilter· 2024-05-13 17:00
MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President and Chief Field Operating Officer of CN (TSX:CNR) (NYSE:CNI), will address the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22, 2024, starting at 9:10 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available followin ...
CN Pledges $10 Million to Support Natural Disaster Relief Efforts
Newsfilter· 2024-05-10 14:00
MONTREAL, May 10, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX:CNR) (NYSE:CNI) announced a pledge of $10 million (CAD) over ten years to support disaster relief initiatives across North America. This funding underscores CN's commitment to assisting communities affected by natural disasters and the impacts of climate change. The frequency and intensity of extreme weather events have dramatically increased over the last decade, impacting communities and placing significant strain on the non-profit organizations th ...
CN Moving to Kevric's Landmark Redevelopment at 600 De La Gauchetière Street West
Newsfilter· 2024-05-09 09:00
MONTREAL, May 09, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) and Kevric jointly announced today that CN will relocate its headquarters to Kevric's 600 DLG project, located at 600 De La Gauchetière West. The 20-year lease begins in 2028 and covers the building's first 18 floors, totaling more than 440,000 square feet. CN will start moving certain departments as of 2026. "CN has been part of downtown Montreal's DNA for over 100 years. Maintaining our headquarters' presence in the city's core is integral ...
CN is Presenting 2023 Safe Handling Award to 193 Rail Shippers
Newsfilter· 2024-05-08 13:30
MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the winners of its Safe Handling Award for 2023. CN's Safe Handling Award is presented to customers who load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products. The winners must meet established criteria, according to the total number of shipments of dangerous goods for all facilities. The Safe Handling Award goes hand in hand with CN's goal to become the safes ...