Associated tags: CNR, CNI, TSX, NYSE, CN, Transport, Oil, Social responsibility, Natural Resources
Locations: US, CANADA, UNITED STATES, MEXICO, CN, MICHIGAN, INDIANA, CHICAGO, ILLINOIS, TORONTO, NEW YORK, QUEBEC, ALBERTA, NOVA SCOTIA, MISSISSIPPI, IOWA, USA, FRANCE, CHILE, VANCOUVER, GUANAJUATO, TEXAS, DC, WI, IL, TRURO, PORT, GULFPORT, MONTREAL, QC, CA
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.
Key Points:
- 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.
- CN will start moving certain departments as of 2026.
- - Ghislain Houle, Executive Vice-President and Chief Financial Officer, CN
"We are proud to welcome CN's head office at 600 DLG.
- 600 DLG is the latest example of this conviction, and its transformation showcases our proven expertise in executing complex and visionary projects."
MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the winners of its Safe Handling Award for 2023.
Key Points:
- 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 Safe Handling Award goes hand in hand with CN’s goal to become the safest railway in North America.
- Please click here to view the list of winners of CN’s 2023 Safe Handling Award.
MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, has reached a second tentative agreement with owner-operators affiliated with Unifor.
Key Points:
- MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, has reached a second tentative agreement with owner-operators affiliated with Unifor.
- The first tentative agreement, announced on January 17,2024, was not ratified.
- This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027.
MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle and Patrick Whitehead (TSX: CNR) (NYSE: CNI), to address upcoming conferences:
Key Points:
- MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle and Patrick Whitehead (TSX: CNR) (NYSE: CNI), to address upcoming conferences:
Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference on May 14, 2024 at 8:00 a.m. Eastern Time (ET);
Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the Bank of America’s 31st annual Transportation, Airlines and Industrials Conference on May 15, 2024 at 8:00 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.
International,
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Growth MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the first quarter ended March 31, 2024.
Key Points:
- MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the first quarter ended March 31, 2024.
- “Our team of railroaders delivered to plan in the first quarter and our scheduled operating model continued to enhance our service to customers.
- As a result, CN does not provide a corresponding GAAP measure for, or reconciliation to, its adjusted diluted EPS outlook.
- CN assumes that the North American industrial production will increase by at least two percent CAGR over the next three years.
MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-quarter 2024 dividend on the Company’s common shares outstanding.
Key Points:
- MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-quarter 2024 dividend on the Company’s common shares outstanding.
- A quarterly dividend of eighty-four and a half cents (C$0.8450) per common share will be paid on June 28, 2024, to shareholders of record at the close of business on June 7, 2024.
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Management MONTREAL, April 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Chief Commercial Officer of CN effective April 24th, 2024.
Key Points:
- MONTREAL, April 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Chief Commercial Officer of CN effective April 24th, 2024.
- Remi is succeeding Doug MacDonald who will retire from CN following an impressive career of nearly 35 years.
- Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commercial side of the organization.
- The Chief Commercial Officer role is a critical executive role, overseeing CN’s strong and experienced customer-focused team responsible for sales and marketing.
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Renewable energy MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet. CN is collaborating on this initiative with the Province of British Columbia who awarded approximately $3.2 million to the Company under the Clean BC Go Electric Commercial Vehicle Pilots Program.
Key Points:
- MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans.
- The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet.
- The testing will increase CN’s and the rail industry’s knowledge on battery technology and more specifically, on the impact of alternative propulsion technology on mainline locomotives.
- “CN is committed to supporting the transition to a net-zero economy and proud of the progress we’ve made so far on our decarbonization journey.
MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2024 financial and operating results after the market close on April 23, 2024.
Key Points:
- MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2024 financial and operating results after the market close on April 23, 2024.
- CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on April 23.
- Tracy Robinson, CN President and Chief Executive Officer, will lead the call.
- CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website at www.cn.ca/en/investors .
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.
