Canadian National Railway

Ancora’s Proposed Directors and Management for Norfolk Southern Win Support from the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters

Retrieved on: 
Friday, April 26, 2024
Professional Services, Trucking, Logistics, Supply Chain Management, Transport, Finance, Banking, Other Transport, Slate, Brotherhood, BLET, Safety, NSC, PSR, Canadian National Railway, Workforce, UPS, Pension fund

The BLET Teamsters represent locomotive engineers, conductors, brakemen, firemen, switchmen, hostlers and other train service employees at Norfolk Southern.

Key Points: 
  • The BLET Teamsters represent locomotive engineers, conductors, brakemen, firemen, switchmen, hostlers and other train service employees at Norfolk Southern.
  • The BLET Teamsters is the second major labor union in as many days to support the Shareholder Slate and its management team, following the announcement of support from the BMWED Teamsters on April 25th.
  • Collectively, the BMWED Teamsters and the BLET Teamsters represent approximately half of Norfolk Southern’s unionized workforce.
  • Regarding the BLET Teamsters’ decision, proposed CEO Jim Barber stated:
    “It’s a privilege to receive support from the BLET Teamsters, who believe in our plan to improve performance, safety and employee relations at Norfolk Southern.

Ancora Receives Support from the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters For A Change in Leadership at Norfolk Southern

Retrieved on: 
Thursday, April 25, 2024
Professional Services, Trucking, Transport, Logistics, Supply Chain Management, Finance, Other Transport, Brotherhood, NSC, PSR, Canadian National Railway, UPS, Whaling

We started our careers with union membership – Jim at UPS and me at Canadian National Railway.

Key Points: 
  • We started our careers with union membership – Jim at UPS and me at Canadian National Railway.
  • We’re excited about the opportunity to collaborate with the BMWED Teamsters, and all Norfolk Southern employees, to deliver sustainable, long-term value creation for our shareholders and stakeholders.”
    The 2024 Annual General Meeting of Norfolk Southern is scheduled for May 9, 2024.
  • Shareholders of Norfolk Southern are advised to carefully read the proxy statements that are available at www.SEC.gov or www.MoveNSCForward.com .
  • The Board of Norfolk Southern has 13 members.

Ancora’s Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern

Retrieved on: 
Friday, April 12, 2024
Rail, Professional Services, Transport, Finance, Norfolk Southern Railway, C. H. Robinson, Safety, NSC, CSX Corporation, Compensation, Deutsche Bank, Operation, CSX, Risk management, Engineering, Canadian National Railway, SVP, Kansas City Southern, United Parcel Service, Audit committee, CHRW, National Railway, UPS, Strategic planning, Rail transport

To join in the upcoming virtual discussion, contact your Deutsche Bank representative or Mr. Mehrotra directly at [email protected] .

Key Points: 
  • To join in the upcoming virtual discussion, contact your Deutsche Bank representative or Mr. Mehrotra directly at [email protected] .
  • For information on how to vote for Ancora’s slate of seven highly qualified director candidates on the BLUE Proxy Card, visit www.MoveNSCForward.com .
  • Mr. Barber is a shipping and logistics industry veteran with experience in finance, strategic planning and risk management at one of the country’s largest railroad customers.
  • Mr. Boychuk is a lifelong railroader with the safety record and scheduled railroading acumen needed to help turn around Norfolk Southern.

CN files Shelf Prospectus Qualifying the Issuance of Debt Securities

Retrieved on: 
Tuesday, April 2, 2024
CNI, Corporation, Canadian National Railway, TSX, Telephone, Sale, CNR, Security (finance)

MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months.

Key Points: 
  • MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months.
  • CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
  • A copy of the shelf prospectus will be available on the Canadian Securities Administrators' web site, www.sedarplus.ca, or the SEC's website, www.sec.gov.

CLC President Bruske to all levels of government: Show you stand with workers and implement anti-scab legislation now

Retrieved on: 
Thursday, March 14, 2024
Congress, Face, Walking, Strike, Canadian National Railway, Unifor, Heart, Safety, Public sector, Hostility, Scabs, Bruske, Legislation

“I’ve heard some concerning stories from workers who faced direct conflict during a strike, threatening their safety and livelihood.

Key Points: 
  • “I’ve heard some concerning stories from workers who faced direct conflict during a strike, threatening their safety and livelihood.
  • The horrific event that happened in Northern Ontario less than two weeks ago is a terrifying example.
  • Scabs, sometimes called “replacement” workers, are brought in during a lockout or strike to take regular workers’ jobs.
  • More and more private and public sector workers are turning to their unions to stand up and demand better.

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern’s Failures of Diligence and Poor Judgment in Appointing John Orr as COO

Retrieved on: 
Friday, April 5, 2024
Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Letter, Exercise, Canadian Pacific Railway, Precision, History, Transport, Disclosure, Surface Transportation Board, KCS, Road, Workplace, Employment, CPKC, Risk, Woman, CSX, Illinois Central Railroad, Safety, CSX Corporation, Depression, Canadian National Railway, EVP, PSR, Meridian Speedway, NSC, Annual general meeting, Weakness, Female, Behavior, Verbal abuse, Security (finance)

Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.

Key Points: 
  • Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.
  • Ancora is a sizable shareholder of Norfolk Southern, meaning our interests and your interests are squarely aligned.
  • The Board and Mr. Shaw provided CPKC with excessive financial and strategic consideration that weakens Norfolk Southern’s long-term competitive positioning.
  • Norfolk Southern operated from a position of desperation, and shareholders and other stakeholders now stand to pay a steep price.

Unifor ratifies agreement with CN Autoport

Retrieved on: 
Wednesday, April 3, 2024
Social justice, Name, Pension, Canadian National Railway, Private sector, Local, NS, Book, Courage

HALIFAX, NS, April 3, 2024 /CNW/ - Unifor members at CN Autoport have ratified a three-year collective agreement, ending a 37-day strike at the transshipment facility in Eastern Passage, N.S.

Key Points: 
  • HALIFAX, NS, April 3, 2024 /CNW/ - Unifor members at CN Autoport have ratified a three-year collective agreement, ending a 37-day strike at the transshipment facility in Eastern Passage, N.S.
  • They have shown courage and dignity in standing up to the bully tactics of CN Autoport.
  • And CN can be guaranteed that Unifor will not rest until we achieve anti-scab legislation in every province across Canada."
  • "This agreement marks a solid step forward for Autoport workers," said Cory Will, President of Unifor Local 100.

CN Autoport talks break down as company offers less to striking workers

Retrieved on: 
Wednesday, March 20, 2024
Social justice, Courage, Constitution, Private sector, NDP, Unifor, NS, Canadian National Railway

"CN Rail and Autoport are showing who they are.

Key Points: 
  • "CN Rail and Autoport are showing who they are.
  • They asked us back to the bargaining table only to offer less than our members turned down before this strike began.
  • "If the company thinks they will break the resolve of our members, they are not reading the room.
  • Unifor is Canada's largest union in the private sector, representing 315,000 workers in every major area of the economy.

Unifor encourages all-party support for NS NDP anti-scab legislation

Retrieved on: 
Tuesday, March 19, 2024
Social justice, Commons, Columbia, Strike, Canadian National Railway, Trade union, Private sector, House, MLA, Unifor, Safety, Workplace, NDP, NS, Legislation

"Anti-scab legislation is about leveling the playing field and upholding workers' Constitutional rights," said Unifor National President Lana Payne.

Key Points: 
  • "Anti-scab legislation is about leveling the playing field and upholding workers' Constitutional rights," said Unifor National President Lana Payne.
  • "Unifor is calling on Premier Tim Houston and every sitting MLA to vote to support amendments to the Trade Union Act to protect striking workers so situations like the one at CN Autoport can't happen again."
  • Unifor members rallied outside the Nova Scotia Legislature this morning, alongside members from other unions, to call for all-party support for the NDP legislation.
  • Unifor is advocating for every jurisdiction across Canada to pass anti-scab legislation to restore workers' Constitutionally-protected right to strike.

Solidarity action stops CN train in Winnipeg

Retrieved on: 
Friday, March 15, 2024
MB, Headache, Social justice, Strike, Canadian National Railway, Private sector, Nursing

WINNIPEG, MB, March 14, 2024 /CNW/ - A CN train was safely stopped during a solidarity action by Unifor members in Winnipeg this evening as part of an escalation caused by the company's use of scab labour in Halifax.

Key Points: 
  • WINNIPEG, MB, March 14, 2024 /CNW/ - A CN train was safely stopped during a solidarity action by Unifor members in Winnipeg this evening as part of an escalation caused by the company's use of scab labour in Halifax.
  • The shameful behaviour by CN Autoport in Halifax will be met with resistance across our union," said Lana Payne, Unifor National President.
  • "CN can expect more unscheduled disruption from coast-to-coast if it continues strike-busting tactics."
  • At a rail crossing at a public roadway near CN's Winnipeg yards, close to 100 Unifor members and supporters held the solidarity action a safe distance away from the tracks.