Welcome to our dedicated page for Canadian National Railway news (Ticker: CNI), a resource for investors and traders seeking the latest updates and insights on Canadian National Railway stock.
Canadian National Railway (CNI) operates North America's premier transcontinental rail network, providing critical freight transportation services across diverse industries. This dedicated news hub offers investors and stakeholders timely updates on CN's operational milestones, strategic initiatives, and market developments.
Access official press releases and curated analysis covering CN's core business activities including intermodal logistics expansion, infrastructure investments, and sustainability programs. Our repository tracks material developments across key operational areas: quarterly financial results, network capacity enhancements, strategic partnerships, and environmental stewardship efforts.
Monitor updates on CN's role in strengthening supply chain resilience through its coast-to-coast rail infrastructure connecting major economic hubs. The curated news selection enables stakeholders to track regulatory developments, technology implementations, and service expansions affecting CN's market position.
Bookmark this page for streamlined access to verified information about CN's operational performance and industry leadership. Regularly updated content supports informed decision-making for those tracking North American transportation and logistics sectors.
CN (NYSE: CNI) has filed a final shelf prospectus with Canadian regulators and a registration statement with the SEC to potentially issue up to C$6 billion of debt securities over the next 25 months. Proceeds will be used for general corporate purposes including refinancing debt, share repurchases, and acquisitions. The registration statement is pending effectiveness, meaning securities cannot be sold until then. CN is a key transportation leader in North America, managing an extensive 18,600-mile rail network.
CN (TSX: CNR) (NYSE: CNI) has announced a quarterly dividend of C$0.7325 per common share for Q2 2022. This dividend will be paid on June 30, 2022, to shareholders of record as of June 9, 2022. The company's extensive rail network, spanning 18,600 miles across North America, enables it to transport over 300 million tons of goods annually. CN is committed to social responsibility and environmental stewardship, contributing to economic prosperity since 1919.
CN reported its Q1 2022 results, showing revenues of C$3,708 million, up 5% from Q1 2021, driven by increased fuel surcharge rates and export volumes. Adjusted diluted EPS increased by 7% to C$1.32, while diluted EPS declined by 4% to C$1.31. Operating income fell by 8% to C$1,227 million, with operating ratio rising to 66.9%. CN revised its financial outlook, expecting 15-20% adjusted EPS growth, down from 20%, and targeting an operating ratio below 60%. Free cash flow is projected between C$3.7 billion and C$4.0 billion for 2022.
On April 26, 2022, CN’s Board of Directors held its first meeting after Jean Charest's resignation effective April 1, 2022. The Board expressed gratitude for Charest’s contributions and announced plans to appoint a francophone and Quebec-based director to fill the vacancy. This aligns with CN's commitment to its long-standing history and operations in Quebec. CEO Tracy Robinson has also relocated to Montreal, emphasizing CN's dedication to its roots in the region.
CN will release its first-quarter 2022 financial and operating results on April 26, 2022, after market close. A conference call to review these results and the railway's outlook will begin at 4:30 p.m. ET, led by Tracy Robinson, CN's president and CEO.
Participants can join the call by dialing 1-866-324-3683 (Canada/U.S.) or 1-509-844-0959 (International) with the passcode 1221739. The call will also be available via webcast, and a replay will be accessible post-call.
On April 5, 2022, CN announced the winners of its Safe Handling Award for 2021, recognizing 241 companies for exceptional safety practices in handling dangerous goods. Launched in 1992, this award highlights customers who meet stringent safety standards, reinforcing CN's commitment to safety. Senior executives emphasized the importance of collaboration in ensuring safe operational practices. The initiative aligns with CN's vision of becoming North America's safest railway and is part of the Responsible Care® Program focused on continuous performance improvement in safety.
CN (TSX: CNR, NYSE: CNI) will release its first-quarter 2022 financial results after market close on April 26, 2022. Senior officers will discuss the outcomes and the railway's future during a conference call at 4:30 p.m. ET on the same day, led by President and CEO Tracy Robinson. Interested participants can join by calling 1-866-324-3683 (Canada/U.S.) or 1-509-844-0959 (International) with the passcode 1221739. The presentation will also be webcast live on CN's investor website, with a replay available post-call.
CN (CNI) will be represented by Ghislain Houle, Executive Vice-President and CFO, at the J.P. Morgan 2022 Industrials Conference on March 16, 2022. The address is scheduled for 8:50 a.m. ET. A live webcast will be accessible via the Investors section of the company’s website, with a replay available post-event.
CN is a leading transportation provider, transporting over 300 million tons of goods across North America annually through its extensive rail network, playing a vital role in the economy and community.
CN has filed a response with the Surface Transportation Board regarding the CP-KCS merger, seeking the divestiture of the KCS line to enhance competition. This move aims to create new shipping options across a vital North American corridor, particularly benefiting communities and local businesses. CN plans to invest in the Kansas City Speedway, which will reduce roadway congestion and create jobs. Over 70 letters supporting this initiative have been submitted, emphasizing its potential economic benefits.
FAQ
What is the current stock price of Canadian National Railway (CNI)?
What is the market cap of Canadian National Railway (CNI)?
