CANADIAN NATIONAL RAILWAY COMPANY


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

CN Files a Notice of Dispute

Retrieved on: 
Friday, February 16, 2024

MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.

Key Points: 
  • MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.
  • The TCRC represents approximately 6,000 conductors, conductor trainees, yard coordinators and locomotive engineers across CN’s network in Canada.
  • CN strongly believes that an agreement can be achieved through the collective bargaining process and remains committed to working with the TCRC to reach an agreement that is good for the employees, for CN and for Canada’s supply chain.
  • Recent regulatory changes have challenged crew availability and CN is proposing to address that issue through a modernization of the compensation model.

CN’s Sustainability Leadership Recognized through Key ESG Rankings

Retrieved on: 
Monday, February 12, 2024

CN was also recognized for its leadership on climate change by global environmental non-profit CDP.

Key Points: 
  • CN was also recognized for its leadership on climate change by global environmental non-profit CDP.
  • We are honoured to be recognized for our leadership as we work to build a more sustainable future.
  • In the report, CN detailed its approach to sustainability in the areas of environment, safety, people, community, and governance.
  • CN’s latest report, available online, was prepared in accordance with leading sustainability reporting frameworks, including the Sustainability Accounting Standards Board and the Global Reporting Initiative.

Ghislain Houle and Derek Taylor to Address Investor Conferences on February 20 and 21

Retrieved on: 
Thursday, February 8, 2024

MONTREAL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President, and Chief Field Operations Officer (TSX: CNR) (NYSE: CNI), will address:

Key Points: 
  • MONTREAL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President, and Chief Field Operations Officer (TSX: CNR) (NYSE: CNI), will address:
    The Citi 2024 Global Industrials Conference on February 20 starting at 8:00 a.m. Eastern Time (ET)
    The Barclay’s 2024 Industrial Select Conference on February 21 starting at 8:35 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.

CN Legal Department Awarded Mansfield Certification for Boosting Diversity Within Leadership

Retrieved on: 
Monday, February 5, 2024

MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is pleased to announce it has achieved Mansfield Certification, a designation awarded by Diversity Lab that measures the structural changes and actions CN has taken to ensure the hiring and promotion processes and paths to leadership within our legal department are open and transparent to all qualified lawyers and other legal professionals.

Key Points: 
  • MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is pleased to announce it has achieved Mansfield Certification, a designation awarded by Diversity Lab that measures the structural changes and actions CN has taken to ensure the hiring and promotion processes and paths to leadership within our legal department are open and transparent to all qualified lawyers and other legal professionals.
  • The Mansfield Rule Law Department Edition is a certification process designed to ensure all participating corporate legal departments provide a fair and equal opportunity to be hired, promoted and advance into leadership.
  • Mansfield is focused on broadening the talent pool for consideration in hiring, including those historically underrepresented in the legal profession, and to facilitate transparent leadership pathways.
  • CN also sent representatives to the Mansfield Client Forums, where we connected with newly promoted partners from certified law firms.

CN’s 2023 Annual Financial Statements and Annual Information Form available on Company Website

Retrieved on: 
Wednesday, January 31, 2024

MONTREAL, Jan. 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that the Company’s 2023 Annual Financial Statements, Notes thereto and Management’s Discussion and Analysis, and its 2023 Annual Information Form and Form 40-F, have been filed with Canadian and U.S. securities regulators and are now available in the “Investors” section of its website, www.cn.ca/investors .

Key Points: 
  • MONTREAL, Jan. 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that the Company’s 2023 Annual Financial Statements, Notes thereto and Management’s Discussion and Analysis, and its 2023 Annual Information Form and Form 40-F, have been filed with Canadian and U.S. securities regulators and are now available in the “Investors” section of its website, www.cn.ca/investors .
  • Printed copies of CN’s 2023 Annual Financial Statements, Notes thereto and Management’s Discussion and Analysis will also be available to shareholders free of charge upon request.

CN Announces Fourth Quarter and Year-End Results

Retrieved on: 
Tuesday, January 23, 2024

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2023.
  • For the fourth quarter, the Company delivered diluted earnings per share (EPS) of C$3.29, an increase of 57% and adjusted diluted EPS of C$2.02, a decrease of 4%.
  • (1) Operating ratio for the fourth quarter increased by 1.4-points to 59.3%.
  • (1)
    Operating performance improved across most measures in the fourth quarter of 2023 when compared to the same period in 2022.

CN Announces New Normal Course Issuer Bid for Share Repurchase and 7% Dividend Increase

Retrieved on: 
Tuesday, January 23, 2024

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a 7% increase in the 2024 dividend on the Company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid (Bid).

Key Points: 
  • MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a 7% increase in the 2024 dividend on the Company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid (Bid).
  • “CN has continued to deliver good financial results and free cash flow despite challenging market conditions.
  • TSX rules permit CN to purchase daily, through TSX facilities, a maximum of 263,790 common shares under the Bid.
  • CN's current normal course issuer bid, announced in January 2023 for the purchase of up to 32 million common shares, expires on January 31, 2024.

CN to Report Fourth Quarter and Full-Year 2023 Financial and Operating Results Today

Retrieved on: 
Tuesday, January 23, 2024

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth quarter and full-year 2023 financial and operating results after the market close.

Key Points: 
  • MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth quarter and full-year 2023 financial and operating results after the market close.
  • 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 today.
  • 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 .

CN and Unifor Affiliated CNTL Drivers Reach Tentative Agreement

Retrieved on: 
Wednesday, January 17, 2024

MONTREAL, Jan. 17, 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 tentative agreement with owner-operators affiliated with Unifor.

Key Points: 
  • MONTREAL, Jan. 17, 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 tentative agreement with owner-operators affiliated with Unifor.
  • This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027.
  • “We are pleased that CNTL reached an agreement with Unifor and wish to thank the Union for their hard work throughout this process.
  • We believe that this deal is good for the owner-operators and will support business needs, ensuring that they can continue delivering critical first mile and last mile services.”

CN Announces Remi G. Lalonde as Executive Vice-President

Retrieved on: 
Monday, January 8, 2024

MONTREAL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Special Advisor to the CEO in anticipation of his transition to the role of Chief Commercial Officer (CCO) of CN later in the year.

Key Points: 
  • MONTREAL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Special Advisor to the CEO in anticipation of his transition to the role of Chief Commercial Officer (CCO) of CN later in the year.
  • The Chief Commercial Officer (CCO) role is a critical executive role, overseeing CN’s strong, experienced, customer focused Sales and Marketing team.
  • "I am very pleased that Remi is joining the CN team, preparing to lead our commercial team.
  • Once this intensive familiarization is completed, Remi will transition into the role of Executive Vice-President and Chief Commercial Officer.