Canadian National Railway Stock Price, News & Analysis

CN has announced a seven-year strategic partnership with Google Cloud to enhance its supply chain, improve customer experiences, and modernize its technology infrastructure. This collaboration aims to leverage Google’s AI and ML tools to develop a digital platform that provides better logistics visibility and simplifies operations. Key initiatives include improving connectivity with customers, co-innovating solutions, and migrating to Google Cloud’s infrastructure to increase efficiency. This partnership is a critical step towards achieving CN's sustainability goals and reinforcing its commitment to digital transformation.

The Canadian National Railway (CNI) has announced the formation of an Indigenous Advisory Council (IAC) aimed at enhancing its relationship with over 200 Indigenous communities across Canada. Comprised of ten members from First Nations, Inuit, and Métis backgrounds, the council will provide guidance to CN's board and CEO. The IAC's establishment is part of CN's commitment to environmental, social, and governance (ESG) best practices, emphasizing diversity, inclusion, and respectful dialogue. This initiative is expected to strengthen CN's operational responsibilities within Indigenous territories.

CN (TSX: CNR) (NYSE: CNI) has announced a $100,000 donation to the Canadian Red Cross to support flood relief efforts for victims in British Columbia. The donation aims to provide shelter, essential goods, and emotional support to those affected. President and CEO JJ Ruest highlighted the importance of community support in times of crisis, thanking employees and disaster relief personnel for their assistance. As a major North American transportation leader, CN plays a critical role in community prosperity and sustainable trade.

CN will present at the 2021 Stephens Annual Conference on December 1, 2021, at 10:00 a.m. ET. Key executives, including President and CEO JJ Ruest, will participate in the event. A live webcast will be available via the Investors section of CN's website, with a replay accessible afterward. CN is a leading transportation company in North America, securely transporting over 300 million tons of goods annually. The company emphasizes its commitment to social responsibility and environmental stewardship, linking eastern and western Canada with the U.S.

CN has committed to achieving net-zero carbon emissions by 2050, aligning with the Science Based Targets initiative criteria. The company is the first North American railroad to formally adopt such a target, participating in the Business Ambition for 1.5°C and the UN Race To Zero campaign. In 2020, CN achieved record locomotive fuel efficiency, exceeding 4% better than 2019, and has reduced greenhouse gas emissions intensity by 43% since 1993. The commitment supports the Paris Agreement and aims to enhance CN's sustainable practices.

CN will participate in the 2021 Scotiabank Virtual Transportation and Industrials Conference on November 16, 2021, at 9:55 a.m. ET. Executives, including CEO JJ Ruest and CFO Ghislain Houle, will address attendees. Investors can access the live webcast through the company’s website, with a replay available post-event. As a leading North American transportation provider, CN facilitates the movement of over 300 million tons of goods annually, contributing to economic growth and community prosperity since 1919.