Canadian National: Based in Montreal, Canada, Canadian National is involved in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. Currently, CNI has a market capitalization of $77.22 billion. Partly due to these headwinds, the industry has declined 6.4% so far this year, underperforming the S&P 500 Index's 7.5% appreciation and a 5.9% loss of the broader Zacks Transportation sector. How to Pick Stocks With Solid Dividend Payouts? 2023, the compa ...

Media Investment Community Jonathan Abecassis Stacy Alderson Director, Public Affairs and Assistant Vice-President Media Relations Investor Relations As the union refused to negotiate substantively on this matter, CN made a simplified offer to the union in May that continued to be aligned with Government guidelines on work and rest and achieved some productivity gains. The union rejected this offer as well. MONTREAL, June 06, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced that earlier this ...

MONTREAL, June 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that it would be expanding its partnership with Canada's Sports Hall of Fame in support of Indigenous athletes and sport builders, and their stories. As we mark the start of National Indigenous History Month, this new three-year $450,000 agreement will help to recognize the significant contributions of Indigenous sports figures and promote a greater understanding of their impact on Canadian sports and culture. About Canada's ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...