Canadian National Railway Stock Price, News & Analysis

On September 17, 2020, CN will present at the Morgan Stanley Virtual 8th Annual Laguna Conference, beginning at 1:30 p.m. EDT. The address will be delivered by CEO JJ Ruest and Senior VP James Cairns. A live audio webcast of the event will be available on the company's investor relations webpage, with a replay accessible shortly afterward. CN is a key player in North American transportation, moving over 300 million tons of goods annually through its extensive 19,500-mile rail network, linking Canada to the U.S.

CN (TSX: CNR) (NYSE: CNI) has partnered with The Commtrex Transload Marketplace, providing customers improved access to its tri-coastal rail network and transloading services across Canada and the U.S. The Commtrex platform efficiently connects shippers with transloading providers, optimizing the movement of various cargo types. This partnership enhances CN's technological capabilities and customer service, offering valuable analytics for better supply chain management. CN plays a crucial role in transporting over 300 million tons of goods across North America annually.

CN (CNI) will participate in the Cowen 2020 Global Transportation & Sustainable Mobility Conference on September 10, 2020, from 8:00 to 8:25 a.m. ET. Executives Ghislain Houle and Rob Reilly will represent the company, and a live audio webcast of the event will be available on CN's investors' website. CN plays a critical role in North America's economy by transporting over 300 million tons of goods annually through its extensive 19,500-mile rail network, connecting Canada's coasts with the U.S. The company focuses on social responsibility and environmental stewardship.

CN and The Lion Electric Co. have signed a Memorandum of Understanding for CN to acquire 50 zero-emission trucks for intermodal use, aiming to cut greenhouse gas emissions from its urban operations. This order is the largest for Lion Electric Co. to date and marks a significant step in CN's commitment to sustainability. The trucks will eliminate approximately 100 tons of greenhouse gas emissions annually. CN's investment reflects its role as a leader in transitioning towards a greener economy while supporting local innovation and job creation.

CN (TSX: CNR) (NYSE: CNI) has awarded a contract to National Steel Car Ltd. for 1,150 new high-capacity grain hopper cars, increasing its investment in Ontario to $1 billion by 2022. This purchase includes a $250 million commitment for the Milton Logistics Hub, which is crucial for economic recovery. The new grain cars will enhance grain transport capacity, demonstrating CN's role in supporting Canada's supply chain amid COVID-19 challenges. The investments aim to boost local economies and create jobs, crucial for Ontario's recovery.

CN (TSX: CNR, NYSE: CNI) will hold a virtual fireside chat on September 2, 2020, from 9:00 to 9:45 a.m. ET, featuring CEO JJ Ruest and Senior VP Keith Reardon, hosted by Scotia Bank Research's Konark Gupta. The event aims to provide insights into CN's operations and strategic direction. A live audio webcast will be available in the Investors’ section of the company's website, with a replay shortly after. CN is a key transportation leader, moving over 300 million tons of goods annually across its extensive 19,500-mile rail network, essential for the economy and sustainability initiatives.

CN (NYSE: CNI) announced the appointment of Dominique Malenfant as Executive Vice-President and Chief Information and Technology Officer, effective September 1. With over 35 years in technology and transportation, Malenfant aims to enhance CN's strategy through advanced technologies, digitalization, and automation. He previously served as Senior Vice-President at Wabtec, focusing on Precision Scheduled Railroading and Positive Train Control. As a world-class transportation leader, CN moves over 300 million tons of goods annually across North America, emphasizing its commitment to social responsibility and environmental stewardship.

CN (TSX: CNR) (NYSE: CNI) has released its 2020-2021 Grain Plan, highlighting a record 30 million metric tonnes (MMT) of grain transported during the 2019-2020 crop year. The company aims to enhance capacity by moving up to 7,600 bulk and processed hopper cars weekly and investing in 1,500 new railcars. The plan's development included extensive stakeholder consultations, with ongoing monthly updates to ensure efficient grain movement. CN continues to play a vital role in North America's transportation infrastructure, contributing to economic growth and sustainable trade.

CN (NYSE: CNI) announced a $25 million investment in Minnesota for 2020 to enhance its rail infrastructure amid rising demand. The funds will be allocated for docks repairs, rail replacements, and maintenance of crucial transport systems. This initiative aligns with CN's commitment to supporting North American supply chains, promoting safety, and reducing GHG emissions by encouraging rail use over trucks. Notable maintenance efforts include upgrading over 10 miles of rail and installing 4,700 new ties. The company emphasizes the economic benefits of rail transport for Minnesota's recovery.