MONTREAL, Sept. 10, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its operations have recovered following several months of labor uncertainty as well as a complete shutdown of its Canadian network, and that it is adjusting its 2024 guidance and long-term financial outlook. CN remains focused on the disciplined execution of its scheduled operating plan, growing volumes more than the economy as its company specific growth opportunities come online, pricing above rail inflation, and i ...

Prospects of Zacks Transportation - Rail industry's participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction. Image Source: Zacks Investment Research Partly due to these headwinds, the industry, despite gaining 13.8% over the past year, has underperformed the S&P 500 Index's 19.9% a ...

Canadian National's (CNI) top line is bolstered by its strong segmental performance. The company's efforts to expand and upgrade its fleet are praiseworthy. However, rising operating expenses and weak liquidity are hurting the company's bottom line. Factors Favoring CNI Canadian National's top line is benefiting from robust segmental performance. The increase in volumes across its segments, such as intermodal, grain, fertilizer, petroleum and chemicals, highlights CNI's effective network management and abil ...

madsci Why I am invested in Canadian National Canadian National Railway (NYSE:CNI) remains my favorite stock among Class 1 railroads. Its three-coastal network and its balanced exposure to several commodities are not always correlated. This, coupled with a conservative balance sheet and a management team that is careful not to increase leverage excessively, have made it stand out as the most convincing stock in the industry in the past two years. CNI 2024 Investor Presentation Let me give you an example. Wh ...

yorkfoto Introduction I have to be honest. One of the hardest parts of my job is putting myself in other people's shoes. When I make financial decisions, I obviously make them based on my personal situation. As I'm 29, my goals are very different from someone who's retired, close to retirement, or a freshman in college. To make matters more complicated, age is just one of many variables. Some people have high-paying jobs and no mortgage. Others have to work additional jobs to have excess capital to invest. ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

Canadian National Railway Company (CNI) is preparing to resume operations after Canada's Labour Minister, Steven MacKinnon, referred the labor dispute for binding arbitration. Canadian National is waiting for formal orders from the Canada Industrial Relations Board ("CIRB") to resume operations in the country. The railroad operator from Canada remains disappointed that the labor dispute with the Teamsters Canada Railway Conference ("TCRC") could not be resolved even after nine months of negotiations and req ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

MONTREAL, Aug. 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has issued notice to the Teamsters Canada Rail Conference (TCRC) formally advising them of its intention to lockout Canadian TCRCrepresented employees on Aug. 22 at 00:01 ET unless an agreement or binding arbitration is achieved before that time. Despite negotiations over the weekend, no meaningful progress has occurred, and the parties remain very far apart. Unless there is an immediate and definite resolution to the labour conflict, CN ...

sockagphoto/iStock Editorial via Getty Images Introduction Canadian National Railway (NYSE:CNI) (TSX:CNR:CA) has been a core holding of my portfolio for many years now. Canada's largest railroad, with significant operations in the US, operates in an industry only set to grow. My previous article, published in August last year, covered some of these growth prospects with port expansions, commodity transportation growth, and pricing power. Since then, the shares have fallen 3.4%, and when including dividends ...