Core Viewpoint - CN will release its second-quarter 2025 financial and operational results on July 22, 2025, after market close, with a conference call to discuss the results and outlook led by CEO Tracy Robinson [1]. Group 1: Financial Results Announcement - CN's second-quarter 2025 financial and operating results will be issued after market close on July 22, 2025 [1]. - A conference call will be held at 4:30 p.m. Eastern Time on the same day to review the results and outlook [1]. Group 2: Participation Details - Participants can join the conference call by dialing 1-800-715-9871 (Canada/U.S.) or 1-647-932-3411 (International), using the passcode 7456934 [2]. - It is recommended that participants dial in 10 minutes prior to the call [2]. - The presentation will be webcast live, with supporting slides available on CN's investor website [2]. Group 3: Company Overview - CN transports over 300 million tons of natural resources, manufactured products, and finished goods across North America annually [3]. - The company operates a nearly 20,000-mile rail network, connecting Canada's coasts with the U.S. Midwest and Gulf Coast [3]. - CN has been contributing to sustainable trade and community prosperity since its establishment in 1919 [3].

Company Overview - Greenbrier Companies is a leading international supplier of equipment and services to global freight transportation markets, headquartered in Lake Oswego, Oregon [2] - The company designs, builds, and markets freight railcars in North America, Europe, and Brazil, and is a major provider of freight railcar wheel services, parts, maintenance, and retrofitting services in North America [2] - Greenbrier owns a lease fleet of approximately 16,700 railcars, primarily originating from its manufacturing operations, and offers railcar management, regulatory compliance services, and leasing services to railroads and other railcar owners in North America [2] Financial Performance - Greenbrier announced a quarterly cash dividend of $0.32 per share, marking its 45th consecutive quarterly dividend [1]

Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a free two-week trial for potential investors to explore exclusive income-focused portfolios [1] Group 2 - The article emphasizes the value investing approach, highlighting that lower stock prices can create opportunities for acquiring more shares at favorable prices [2] - The author expresses a personal opinion on the benefits of investing in quality stocks during price declines [2]

Core Insights - CN has been recognized for the seventeenth consecutive year in the Corporate Knights Best 50 Corporate Citizens list, highlighting its commitment to sustainability [1][4] - The company emphasizes that sustainability is integrated into its operations, focusing on reducing emissions and investing in innovation [2] - CN's 2024 Sustainability Data Supplement outlines its progress towards sustainability goals, including safe and efficient goods transportation and community development [3] Sustainability Performance - CN achieved a reduction of approximately 4% in total absolute Scope 1, 2, and 3 greenhouse gas emissions from 2023, with a 27% progress towards its 2030 science-based target for Scope 1 and 2 emissions [7] - The company reported an 8% improvement in operational safety, although the personal injury frequency rate increased by 8% from 2023, indicating areas needing attention [7] - CN launched its inaugural Indigenous Reconciliation Action Plan (IRAP), which includes 16 measurable commitments for advancing reconciliation over the next three years [7] Economic Impact - Operating in Canada and the United States with approximately 25,000 employees, CN distributed over $15 billion in direct economic value [7] - In 2024, CN's capital investments were approximately $3.5 billion, reflecting its commitment to growth and sustainability [7] Corporate Citizenship Ranking - The Best 50 Corporate Citizens list is based on an analysis of 344 large Canadian organizations using 25 quantitative key performance indicators related to sustainability [5]

Group 1 - CSX Corp. will release its second quarter financial and operating results on July 23, 2025, after market close [1] - A conference call and live webcast will follow the results announcement at 4:30 p.m. Eastern Time [1] - Participants can join the teleconference by dialing specific numbers, with a passcode required for access [2] Group 2 - CSX is a premier transportation company based in Jacksonville, Florida, providing rail, intermodal, and rail-to-truck transload services [3] - The company has been integral to the economic expansion and industrial development of the United States for nearly 200 years [3] - CSX's network connects major metropolitan areas in the eastern U.S. and links over 240 short-line railroads and more than 70 ports [3]

Company Overview - Union Pacific (NYSE: UNP) maintains a stable performance with a strong operating base and good profitability despite a slowdown in the industry and increased macro pressures [1] - The company projects revenue growth of 4-6% annually [1] Industry Context - The overall industry is experiencing a slowdown, which is impacting various companies within the sector [1]

Core Insights - The article emphasizes the importance of railroads in the functioning of the US economy, highlighting Union Pacific (NYSE: UNP) as a key player in transporting physical goods [1]. Company Analysis - Union Pacific is positioned as a critical company in the logistics and transportation sector, which is essential for the movement of goods across the US [1]. - The company is noted for its role in the broader economic landscape, despite the current focus on software, semiconductors, and clean energy [1]. Investment Criteria - The article outlines specific investment criteria that are favorable for stock selection, including companies that demonstrate growth in revenue, earnings, and free cash flow, as well as those with excellent growth prospects and favorable valuations [1].

Union Pacific (UNP) Conference June 24, 2025 11:00 AM ET Speaker0 Ladies and gentlemen, the program is about to begin. A reminder that this webcast presentation is for Bank of America and Union Pacific clients only. If you are a member or representative of the press or media, please disconnect now. At this time, it is my pleasure to turn the program over to your host from Bank of America, Ken Hoexter. Speaker1 Great. Good morning. Thanks, Paul. I am Ken Hoexter, BofA's air freight and surface transportation ...

Q4 2019 & Full Year 2019 Performance - Q4 2019 revenues were $400 million, a 21% increase compared to 2018[12] - Q4 2019 GAAP operating income was $20 million, a 29% decrease compared to 2018[12] - Q4 2019 adjusted operating income was $31 million, a 12% increase compared to 2018[12] - Full year 2019 revenues were $1.504 billion, a 12% increase compared to 2018[30] - Full year 2019 GAAP operating income was $104 million, a 20% decrease compared to 2018[30] - Full year 2019 adjusted operating income was $148 million, a 12% increase compared to 2018[30] Segment Performance - Harsco Environmental Q4 2019 revenues were $243 million, a 7% decrease compared to 2018[15] - Harsco Clean Earth Q4 2019 revenues were $82 million, a 22% increase compared to 2018[20] - Harsco Rail Q4 2019 revenues were $75 million, an 8% increase compared to 2018[25] 2020 Outlook - The company projects low-single digits percentage increase in revenues and adjusted EBITDA for 2020 versus 2019[32] - The company projects Clean Earth revenues of $310 to $330 million, a high-single digits growth year-over-year[32] - The company projects Rail revenues to increase approximately 30% at the mid-point of the range[32]

Core Insights - Greenbrier has appointed Steve Bobb and Jeffrey Songer to its Board, both bringing extensive experience from the rail industry, which will enhance the company's strategic initiatives and operational efficiencies [1][7][12] Group 1: Steve Bobb's Background - Bobb has 36 years of experience at BNSF Railway, including roles in strategic commercial and operational leadership [1] - He served as Executive Vice President and Chief Marketing Officer from 2013 to 2024, overseeing sales, marketing, customer service, and economic development [2] - His previous roles include Group VP Coal and General Manager of Division Operations, focusing on safe and efficient freight train movement and customer satisfaction [3][4] - Bobb holds two B.S. degrees in animal and plant science and has pursued graduate studies in agricultural economics [5] Group 2: Jeffrey Songer's Background - Songer has 30 years of expertise in operations, engineering, and finance, with 18 years in leadership roles at Kansas City Southern [7] - He played a key role in the $31 billion merger that created Canadian Pacific Kansas City, serving as EVP of Strategic Merger and Planning [8] - His experience includes managing operations across the U.S. and Mexico, with a focus on international labor management and risk management [9] - Songer holds a bachelor's degree in architectural engineering and a master's degree in business administration [11] Group 3: Strategic Implications for Greenbrier - Bobb's extensive rail industry experience will support Greenbrier's customer experience model and strategic planning [6] - Songer's insights into U.S.-Mexico relations and supply chain integration will be crucial for enhancing profitability and streamlining business structures [12] - Greenbrier is a leading international supplier of equipment and services to global freight transportation markets, with a significant presence in railcar manufacturing and leasing [13]