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.
Rob Reilly, Executive Vice-President and Chief Operating Officer of CN (TSX: CNR, NYSE: CNI), will speak at the J.P. Morgan Industrials Conference on March 16, 2021, at 8:00 a.m. Eastern Time. The event will be broadcasted live via a webcast on CN's investors' website, with a replay available shortly afterward. CN is recognized as a leading transportation provider in North America, handling over 300 million tons of goods annually through its extensive 19,500-mile rail network, facilitating trade and supporting sustainable economic growth.
On March 11, 2021, JJ Ruest, CEO of CN (CNI), will address the GLIO Transportation Panel at 5:00 p.m. ET. This event highlights the essential role of railroads in infrastructure and the economy. Ruest's participation aims to showcase CN's strategic plans that will benefit North America. A live audio webcast of the speech will be made available on CN's Investor website, with a replay accessible shortly after the event. CN, a leader in transportation, plays a vital role in the economy, transporting over 300 million tons of goods across its extensive rail network annually.
CN sets a new record by shipping over 2.28 million metric tonnes of Canadian grain in February, surpassing the previous record of 2.12 MMT from 2019 by over 7%. For the 2020-2021 crop year, CN has moved more than 19.7 MMT, 24% higher than the three-year average. The company attributes this success to investments exceeding $10B in infrastructure and enhanced operational capabilities, ensuring safe and efficient grain transport despite challenging weather conditions.
The CN Board of Directors has announced new measures to enhance its Environmental, Social, and Governance (ESG) leadership among North American railroads. Key initiatives include establishing a CN Indigenous Advisory Council, introducing an annual advisory vote on its climate action plan, and committing to have at least 50% of independent directors from diverse backgrounds by 2022. Governance policies will be revamped, reducing board size, tenure, and retirement age. Several directors, including Don Carty and Maureen Kempston Darkes, will not seek re-election, signaling a shift in the board's composition.
CN has announced a partnership with Earth Rangers to expand its EcoConnexions employee engagement program to employees' families, enhancing sustainability initiatives. Established in 2011, EcoConnexions focuses on reducing energy consumption and waste in CN's operations. Significant achievements include a 36% carbon reduction (140,000 tonnes), 208,000 tonnes of waste diverted from landfills, and $50 million in cost savings. The collaboration aims to instill environmental knowledge in families and foster a sustainable future.
CN (CNI) has filed its 2020 Annual Financial Statements, along with related documentation, with Canadian and U.S. securities regulators. These documents are accessible in the Investor section of CN's website. Shareholders can request printed copies of these documents free of charge. CN is recognized as a leader in transportation, facilitating the movement of over 300 million tons of goods across a vast rail network connecting Canada's coasts with the U.S. since 1919, while emphasizing social responsibility and environmental stewardship.
CN will present at the Citi 2021 Global Industrials Virtual Conference on February 17, 2021, at 10:30 a.m. ET. CEO JJ Ruest and CFO Ghislain Houle will provide insights which can be accessed via a live webcast on the company's Investor Relations webpage. CN is a key player in transportation, moving over 300 million tons of goods annually across a 19,500 mile rail network connecting Canada to the U.S. The company emphasizes its role in supporting the economy and is dedicated to social responsibility and environmental stewardship.
CN (NYSE: CNI) announced a new normal course issuer bid allowing the repurchase of up to 14 million common shares, equating to 2.36% of shares outstanding as of January 18, 2021. The bid runs from February 1, 2021, to January 31, 2022, reflecting confidence in generating free cash flow and continuing dividend growth. Additionally, a 7% increase in the quarterly dividend to C$0.6150 per share was approved, payable on March 31, 2021. The company previously repurchased nearly 2 million shares in its expiring bid, returning C$225 million to shareholders.