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CN Presents Simplified Offer to TCRC to Achieve a Deal
Newsfilter· 2024-05-17 00:30
Details of the New Offer In the new offer CN will schedule days off and would pay a higher rate for any work over 10 hours in a shift with a maximum of 12 hours per shift for employees in Western Canada, which is compliant with the maximum on-duty period under the Duty and Rest Period Rules. All employees will keep their existing 10 paid leave days, their existing 10 paid medical leave days, their existing vacation allotment, their existing statutory holidays, and their rest at their home terminal. Other ch ...
Unifor Affiliated CNTL Drivers Ratify New Collective Agreement
Newsfilter· 2024-05-15 04:30
MONTREAL, May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that the tentative agreement between CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, and owner-operators affiliated with Unifor has been ratified. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027. CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, an ...
CN Unveils Innovative Transload Facility in Flat Rock
Newsfilter· 2024-05-14 23:00
FLAT ROCK, Mich., May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is proud to announce the grand opening of its new transload logistics facility in Flat Rock, Michigan. Target Steel, the facility's first customer, will convert a large part of their traffic from trucks to rail for steel coils. This resulting streamlining of operations and removal of a substantial number of heavy weight trucks off highways, is expected to reduce related greenhouse gas emissions by up to 75%. "We are excited to open t ...
Ghislain Houle, and Derek Taylor to address the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22
Newsfilter· 2024-05-14 01:00
MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President and Chief Field Operating Officer of CN (TSX:CNR) (NYSE:CNI), will address the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22, 2024, starting at 9:10 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available followin ...
CN Pledges $10 Million to Support Natural Disaster Relief Efforts
Newsfilter· 2024-05-10 22:00
MONTREAL, May 10, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX:CNR) (NYSE:CNI) announced a pledge of $10 million (CAD) over ten years to support disaster relief initiatives across North America. This funding underscores CN's commitment to assisting communities affected by natural disasters and the impacts of climate change. The frequency and intensity of extreme weather events have dramatically increased over the last decade, impacting communities and placing significant strain on the non-profit organizations th ...
CN Moving to Kevric's Landmark Redevelopment at 600 De La Gauchetière Street West
Newsfilter· 2024-05-09 17:00
文章核心观点 - CN将把总部迁至位于蒙特利尔市中心的600 DLG大楼,租期20年,占据大楼前18层共440,000平方英尺的办公空间 [1][2][4] - 这一搬迁体现了CN在蒙特利尔市中心保持总部的重要性,希望为员工营造更有利于创新和协作的工作环境 [2] - 600 DLG大楼正在进行全面改造,将提供最先进的工作环境,包括更大的窗户、更多自然光、更高的能源效率等 [5][6][7] - 这一搬迁使600 DLG大楼的出租率超过80%,仅剩下顶层5层还未租出 [8] 公司信息 - CN是一家世界级的运输和贸易服务公司,每年安全运输超过3亿吨的自然资源、制成品和成品 [9] - CN的铁路网络连接加拿大东西海岸以及美国南部,总长18,800英里 [9] - CN自1919年以来一直致力于支持社会责任和环境可持续发展 [9] 开发商信息 - Kevric房地产公司是加拿大房地产行业的领导者,在蒙特利尔、多伦多和国家首都地区拥有广泛业务 [10] - Kevric擅长复杂和具有远见的转型项目,以大胆和企业家的方式应对重大挑战 [10] - Kevric的专长包括物业重新定位、物业和资产管理、租赁和项目融资 [11] - 除600 DLG外,Kevric还开发了加航大厦和博纳文图尔广场等标志性项目 [10]
CN is Presenting 2023 Safe Handling Award to 193 Rail Shippers
Newsfilter· 2024-05-08 21:30
MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the winners of its Safe Handling Award for 2023. CN's Safe Handling Award is presented to customers who load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products. The winners must meet established criteria, according to the total number of shipments of dangerous goods for all facilities. The Safe Handling Award goes hand in hand with CN's goal to become the safes ...
New Tentative Agreement Reached Between CN and Unifor Affiliated CNTL Drivers
Newsfilter· 2024-05-08 02:00
MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, has reached a second tentative agreement with owner-operators affiliated with Unifor. The first tentative agreement, announced on January 17,2024, was not ratified. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027. About CNCN is a world-class transpor ...
United Steelworkers Ratify New Collective Agreement
Newsfilter· 2024-05-02 02:00
MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its new three-year collective agreement with the United Steelworkers (USW) Local 2004, was formally ratified by union members on Monday April 29th, 2024. The USW represents approximately 2,500 track and bridge employees at CN, primarily responsible for track maintenance across Canada. "We're pleased to have reached this new collective agreement through collaborative negotiations. It is a testament to our commitment to in ...
CN Announces C$1.25 Billion Debt Offering
Newsfilter· 2024-05-01 09:45
MONTREAL, April 30, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced a public debt offering of C$700 million 4.60% Notes due 2029, and C$550 million 5.10% Notes Due 2054. CN expects to close the offering on May 2, 2024, subject to customary closing conditions. CN plans to use the net proceeds from the offering for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.The debt ...