CN Supportive of the Amendment to the Ministerial Order on Train Speed
CN (TSX: CNR) (NYSE: CNI) is supportive of the decision by Canada's Transport Minister to amend the Ministerial Order issued on February 7, 2020. That Order restricted the speed of trains carrying dangerous goods on all parts of the railway networks in Canada, the consequence of which was a reduction in at least a third of CN's overall network capacity for all trains, even those not carrying dangerous goods.
New Illegal Blockades in Vaughan and Vancouver, CN Concerned About Safety
CN (TSX: CNR) (NYSE: CNI) announced that there have been new blockades on its network today, one in Vancouver, B.C., and two in Vaughan, ON. CN has sought and obtained court orders and requested the assistance of enforcement agencies to end these illegal blockades. While both of the illegal blockades in Vaughan have ended and the other one in Vancouver may come to an end shortly, CN has deep concerns regarding the safety of its employees, the public, and the protestors.
CN Initiating Progressive and Orderly Shutdown of its Eastern Canadian Network
CN (TSX: CNR) (NYSE: CNI) announced today that the Company has been forced to initiate a disciplined and progressive shutdown of its operations in Eastern Canada. This will include stopping and safely securing all trans-continental trains across its Canadian network and may imminently lead to temporary layoffs within the company's Eastern Canadian operational staff.
CN files shelf prospectus for C$6 billion of debt securities
CN (TSX: CNR) (NYSE: CNI) today filed a final shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue up to C$6 billion of debt securities in Canadian and U.S. markets over the next 25 months.
CN Forced to Shut Down Parts of Network Due to Blockades
CN (TSX: CNR) (NYSE: CNI) announced that it will be forced to shut down significant parts of its Canadian network imminently unless the blockades on its rail lines are removed.
JJ Ruest and CN leaders to address investor conferences on Feb. 19 and 20
JJ Ruest and CN leaders (TSX: CNR) (NYSE: CNI), will address two investor conferences in February:
CN's 2019 Annual Financial Statements and Annual Information Form available on Company website
CN (TSX: CNR) (NYSE: CNI) announced today that the Company's 2019 Annual Financial Statements, Notes thereto and Management's Discussion and Analysis, and its 2019 Annual Information Form and Form 40-F, have been filed with Canadian and U.S. securities regulators and are now available in the Investor section of its website, www.cn.ca/investors.
CN conductors in Canada ratify new labour agreements
CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons (TCRC-CTY) union that represents the company's train conductors and yard crews in Canada has ratified its collective agreements with the company.
CN Named One of Montreal's Top Employers
CN (TSX: CNR) (NYSE: CNI) CN is pleased to be recognized as one of Montreal's Top Employers for 2020 by Canada's Top 100 Employers for the fourth consecutive year.