MONTREAL, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Following the Canada Industrial Relations Board's (CIRB) decision that does not bring the labour conflict any closer to a resolution, CN (TSX: CNR) (NYSE: CNI) is formally requesting the Minister of Labour's intervention under section 107 of the Canada Labour Code to protect Canada's economy from the impacts of prolonged uncertainty. Negotiations with the TCRC resumed on Wednesday. However, no progress has been made as the TCRC has not engaged meaningfully at the ...

UPDATE SUSTAINABLE, PROFITABLE GROWTH 2024 INVESTOR FACT BOOK Exhibit 99.1 MOVING FORWARD TOGETHER CN powers the economy by safely transporting more than 300 million tons of natura resources, manufactured products, and finished goods throughout North America every year for its customers. With its 18,800-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico, contributing to sustainable trade and the prosperity of th ...

1 1 T T I 1 81 i n Pgiam A Brief History Of The Railroad Industry Railroads were first built in the US in the 19th century, rapidly and everywhere: by 1916, there was a peak of 254,037 miles of rail, and 1,200 railroad carriers, which collectively employed 1.7 million workers in the US. However by the 1920s - 1930s, automobiles became popular as road construction was subsidized, and in the 1950s - 1960s the rise of jet airlines both competed with (and won against) passenger rail in the US, leaving just frei ...

August represents a great opportunity for investors to take advantage of the best blue-chip stocks to buy. With the stock market falling hard, a more balanced investing approach can help weather the storm. Blue-chip stocks are great stock picks in any macroeconomic environment, but are especially great in times of uncertainty. They are large cap, well-established companies that have strong track records of success. This often pertains to their stable cash flow, earnings and strong balance sheets. In additio ...

- Tracy Robinson, President and Chief Executive Officer, CN MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. CN is focused on developing and preparing our people for the upcoming grain season. A major priority for this year, is ongoing employee engagement, recruiting and training as we continue to manage a challengi ...

MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. "We are confident that we have the right approach and resources in place to move this year's Canadian grain crop efficiently. We continue to lean into our scheduled railroading model and making sure that our ongoing capital investments position us for success again th ...

Revenues for the second quarter of 2024 were $3.16 billion (C$4.33 billion), which lagged the Zacks Consensus Estimate of $3.23 billion. However, this reflects an increase of 4.75% year over year, driven by higher volumes. The operating income for the second quarter of 2024 decreased by 3% when compared to the same period in 2023. The operating ratio, defined as operating expenses as a percentage of revenues, was 64% in the second quarter of 2024 compared with 60.6% in the second quarter of 2023. Liquidity ...

Pgiam All financial numbers in this article are in Canadian dollars unless noted otherwise. Introduction It's time to do one of my favorite things: discussing Class I railroads. Today, we start with the Canadian National Railway Company (NYSE:CNI), Canada's largest railroad and the competitor of my investment in Canadian Pacific Kansas City (CP). My most recent article on this US$76 billion market cap giant was written on April 29, when I called it a place where "Dividend Investors Go For Income And Growth. ...

MONTREAL, July 24, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced a commitment of $1.5 million through a three-year partnership with Hockey Helps the Homeless (HHTH). Starting with the 2024-2025 hockey season, CN will become the new Premier National Partner for HHTH to help raise awareness and financial support for people experiencing homelessness through education, fundraising, and partnering with solutions-based local shelters and services. In addition to assuming the role of Premier Nat ...

Canadian National Railway Company (NYSE:CNI) Q2 2024 Earnings Conference Call July 23, 2024 4:30 PM ET Company Participants Stacy Alderson - Assistant Vice President, Investor Relations Tracy Robinson - President and Chief Executive Officer Derek Taylor - Executive Vice President and Chief Field Operations Officer Patrick Whitehead - Executive Vice President and Chief Network Operating Officer Remi Lalonde - Executive Vice President and Chief Commercial Officer Ghislain Houle - Executive Vice President and ...