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 Company (CN), listed on the NYSE under the symbol CNI, is a North American line-haul railroad that regularly issues news about its operations, financial performance, and role in the transportation and warehousing sector. CN reports that it moves more than 300 million tons of natural resources, manufactured products, and finished goods each year over a nearly 20,000-mile rail network connecting Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast.
News about CN often highlights operational milestones, such as record grain movement from Western Canada. The company has announced multiple consecutive record months and record years for grain shipments, underscoring the importance of agricultural traffic on its network. These updates provide insight into how CN collaborates with farmers and supply chain partners to move large grain volumes safely and efficiently.
CN’s news flow also includes corporate and financial items such as dividend declarations, upcoming quarterly and full-year results announcements, and participation in investor conferences. The company regularly communicates details of conference calls and webcasts where senior officers review financial and operating results and discuss the railway’s outlook.
Regulatory and competitive developments are another focus of CN’s news. The company has issued statements and filed motions with the U.S. Surface Transportation Board related to a proposed merger between Union Pacific and Norfolk Southern, raising concerns about competition and the completeness of the merger application. In addition, CN publishes stories about its community involvement, including its Railroaders in the Community program and corporate giving pillars of People, Safety, and Environment.
Investors and observers who follow CNI news can use this stream of announcements to monitor CN’s operational performance, regulatory positions, community initiatives, and key financial communications.
CN will participate in the 15th Annual Wolfe Research Global Transportation & Industrials Conference on May 24, 2022, at 1:40 p.m. ET, featuring CFO Ghislain Houle and CMO Doug MacDonald. Investors can access a live webcast through the Investors section of their website, with a replay available post-event. CN is a leading transportation provider in North America, operating a 19,500-mile rail network and is dedicated to sustainability and community support.
CN will participate in the RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference on May 18, 2022, with Ghislain Houle, Executive Vice-President and CFO addressing attendees at 3:25 p.m. ET. This event will feature a live audio webcast accessible via CN’s website, offering insights into its role as a leading transportation and trade enabler in North America.
With a 19,500-mile rail network, CN plays a crucial role in safely transporting over 300 million tons of goods annually, contributing to economic growth and community well-being.
MONTREAL, May 9, 2022 — CN (NYSE: CNI) announces that Tracy Robinson, President and CEO, along with Ghislain Houle, CFO, will speak at the Bank of America’s 29th Annual Transportation Conference on May 17, 2022, at 10:00 a.m. ET. The event will be accessible via a live webcast on CN's investor relations website, with a replay available afterward. CN is a key player in North American transportation, moving over 300 million tons of goods annually through a 19,500-mile rail network, and is committed to social responsibility and environmental stewardship.
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.
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