MONTREAL, Sept. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has launched its annual See Tracks? Think Train® Week campaign to raise awareness about the vital importance of rail safety. The Company joins communities across North America to raise awareness of the danger of dangerous behaviors around railway tracks and property. From September 23-29, CN Police Services, along with many other CN employees, will actively share important rail safety messages in communities across CN’s network to help p ...

Canadian National Railway Company (CNI) adjusted the outlook for the current year following labor disruptions that threatened to cripple the economy of Canada. The railroad operator has, however, resumed normal operations following the crisis. All essential parameters, including car velocity, train speed and dwell, have recovered following the labor stoppage. Apart from labor woes, Alberta wildfires and weaker-than-expected demand for forest products and metals compelled CNI’s management to adjust its 2024 ...

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.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% appreciation. The broader Zacks Transporta ...

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 CNICanadian 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 abilit ...

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 ...

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 ...

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 TCRC-represented 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 divide ...

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 ...