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MEDIA AVAILABILITY: CN Police Officers Available For Media Interviews During Rail Safety Week
GlobeNewswire - Fri Sep 20, 7:30AM CDT
GlobeNewswire
Fri Sep 20, 7:30AM CDT
A CN locomotive sits idle at the CN Stuart Yard west of the West Harbour GO station in Hamilton, Ont., Thursday, Aug. 22, 2024. Canadian National Railway Co. revised its earnings guidance for 2024 lower due to several factors including the recent labour stoppage that saw both Canada's major railways grind operations to a halt. THE CANADIAN PRESS/Peter Power
CN Rail relocates operations from Jasper due to wildfire threat
SYNDTGAM - Thu Sep 19, 1:29PM CDT
SYNDTGAM
Thu Sep 19, 1:29PM CDT
The relocation to Hinton will directly impact around 200 union workers currently living in Jasper
cnr
Canadian National Railway: Stock Forecast & Analysis After Guidance Update
Stock Target Advisor - Mon Sep 16, 9:48PM CDT
Stock Target Advisor
Mon Sep 16, 9:48PM CDT
Canadian National Railway Co (CNR:CA) Canadian National Railway has recently updated its guidance, which has disappointed investors by setting expectations to a more modest and achievable level. Despite this, CN remains a preferable choice compared to its competitor, Canadian Pacific Kansas City (CPKC), primarily due to the excessive valuation premium...
CN Announces US$750 Million Debt Offering
GlobeNewswire - Mon Sep 16, 5:45PM CDT
GlobeNewswire
Mon Sep 16, 5:45PM CDT
CNR logo
Canadian National Railway: Stock Forecast & Analysis on Profit Adjustment
Stock Target Advisor - Wed Sep 11, 9:42PM CDT
Stock Target Advisor
Wed Sep 11, 9:42PM CDT
Canadian National Railway Co. (CNR:CA) (CNI) Recent Developments Canadian National Railway recently adjusted its profit forecast for 2024, citing the adverse effects of labor stoppages and wildfires in Alberta. The company estimated that these issues have negatively impacted its earnings by approximately 20 cents per share in the current quarter....
CN Operations have Recovered, Company Updates Outlook Following Labor Disruption
GlobeNewswire - Tue Sep 10, 5:00PM CDT
GlobeNewswire
Tue Sep 10, 5:00PM CDT
Ghislain Houle, Executive Vice-President and Chief Financial Officer to Address Morgan Stanleyโ€™s 12th Annual Laguna Conference on September 11
GlobeNewswire - Tue Sep 3, 8:00AM CDT
GlobeNewswire
Tue Sep 3, 8:00AM CDT
The question of workers' rights took on renewed urgency this month after a work stoppage on the rails came to an abrupt end, thanks to a government directive handed down barely 16 hours after the shutdown began. Locked out Canadian National Rail workers stand at a picket line as locomotives are moved by management at CN Rail's Thornton Yard, in Surrey, B.C., Thursday, Aug. 22, 2024. THE CANADIAN PRESS/Darryl Dyck
Canadian rail workersโ€™ union files court challenges against back-to-work order
SYNDTGAM - Fri Aug 30, 8:18AM CDT
SYNDTGAM
Fri Aug 30, 8:18AM CDT
Government officials say the challenge in the Federal Court is separate from the boardโ€™s ruling and will not affect the return to work
The shutdown at Canada's two major railways last week was not the first time a simultaneous work stoppage has brought trains to a halt. Locked-out Canadian National Rail workers stand at a picket line as locomotives are moved by management at CN Rail's Thornton Yard, in Surrey, B.C., Thursday, Aug. 22, 2024. THE CANADIAN PRESS/Darryl Dyck
In history of Canadian rail shutdowns, echoes of some current sticking points
SYNDTGAM - Tue Aug 27, 11:31AM CDT
SYNDTGAM
Tue Aug 27, 11:31AM CDT
Joint job action at Canadian National Railway and what was then Canadian Pacific previously stopped rail traffic from coast to coast in 1950, 1966, 1973 and 1987
Railcars and locomotives sit idle at the CPKC railyard in Calgary, Alta., Thursday, Aug. 22, 2024.Traffic at Canada's two largest railways is slated to resume Monday as the work stoppage is set to end. Canadian National Railway Co. and Canadian Pacific Kansas City shut down lines last Thursday in metropolitan areas, effectively locking out railway workers.THE CANADIAN PRESS/Jeff McIntosh
U.S. railroads cancel embargoes after Canadian work stoppage ends
SYNDTGAM - Mon Aug 26, 1:24PM CDT
SYNDTGAM
Mon Aug 26, 1:24PM CDT
Canadian National and Canadian Pacific Kansas City previously issued embargoes on goods moving to the U.S. as part of an orderly shutdown before a potential work stoppage
CN Receives Order of Binding Arbitration
GlobeNewswire - Sat Aug 24, 6:13PM CDT
GlobeNewswire
Sat Aug 24, 6:13PM CDT
Billionaire Bill Gates Has 83% of His $48 Billion Portfolio in Just 4 Stocks
Motley Fool - Sat Aug 24, 5:01PM CDT
Motley Fool
Sat Aug 24, 5:01PM CDT
While he has more than two dozen stocks in his portfolio, four make up the vast majority of his holdings.
Teamsters Serve CN with a Strike Notice
GlobeNewswire - Fri Aug 23, 12:30PM CDT
GlobeNewswire
Fri Aug 23, 12:30PM CDT
Locked out Canadian National Rail workers stand at a picket line as locomotives are moved by management at CN Rail's Thornton Yard, in Surrey, B.C., on Thursday, August 22, 2024. In the culmination of months of increasingly bitter negotiations, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. locked out 9,300 engineers, conductors and yard workers after the parties failed to agree on a new contract before the midnight deadline. THE CANADIAN PRESS/Darryl Dyck
Teamsters take down picket lines at CN Rail, stoppage continues at CPKC
SYNDTGAM - Fri Aug 23, 7:00AM CDT
SYNDTGAM
Fri Aug 23, 7:00AM CDT
The union and CPKC officials met with the Canada Industrial Relations Board on Thursday and will meet again Friday
CN Ends Lock Out and Initiates Recovery Plan
GlobeNewswire - Thu Aug 22, 5:36PM CDT
GlobeNewswire
Thu Aug 22, 5:36PM CDT
FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea/File Photo
Shipping company Maersk evaluating contingency plans in Canada amid rail shutdown
SYNDTGAM - Thu Aug 22, 10:54AM CDT
SYNDTGAM
Thu Aug 22, 10:54AM CDT
Maersk said in an advisory to clients it was still accepting bookings from and to origins and destinations serviced by rail via Canadian ports
A CN employee hammers a sign into place after Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) locked out workers following unsuccessful negotiation attempts with a major labor union in Hamilton, Ontario, Canada August 22, 2024. REUTERS/Carlos Osorio
Canadaโ€™s biggest railways lock out workers after failed negotiations with union
The Globe and Mail - Wed Aug 21, 11:22PM CDT
The Globe and Mail
Wed Aug 21, 11:22PM CDT
CPKC and CN and the union, which represents almost 10,000 railway workers, have been in separate talks for several months. The Teamsters had issued a strike notice at CPKC but not CN
CN Moves Forward with Lock Out
GlobeNewswire - Wed Aug 21, 11:05PM CDT
GlobeNewswire
Wed Aug 21, 11:05PM CDT
A locomotive moves rail cars at the Canadian Pacific Kansas City (CPKC) rail yard in Port Coquitlam, B.C., Monday, Aug. 19, 2024. A phased shutdown of the networks at Canadian National Railway Co. and Canadian Pacific Railway Ltd. is already underway as the clock ticks down on negotiations with the union representing 9,300 engineers, conductors and yard workers. Both companies have issued lockout notices while the union has also threatened to strike. THE CANADIAN PRESS/Darryl Dyck
Who to blame for the railway labour dispute? Ottawa, but not why you think
The Globe and Mail - Wed Aug 21, 4:56PM CDT
The Globe and Mail
Wed Aug 21, 4:56PM CDT
The government has been derelict in implementing a robust set of safety rules covering all railway workers in safety-sensitive positions
A GO Transit train sits parked at the Niagara Falls Train Station, on Aug. 26, 2022. Some commuters in southern Ontario are speaking out about changes that Metrolinx is making to GO Transit bus routes they say will drastically alter commute times and impact travel. THE CANADIAN PRESS/Tara Walton
Ontario commuters to face disruptions if unprecedented rail work stoppage goes ahead
SYNDTGAM - Wed Aug 21, 12:35PM CDT
SYNDTGAM
Wed Aug 21, 12:35PM CDT
Metrolinx says GO train service on the Milton line and at the Hamilton GO station would be suspended if thereโ€™s a strike or lockout at Canadian Pacific Kansas City
Locomotives sit idle at the Canadian Pacific Kansas City (CPKC) rail yard in Port Coquitlam, B.C., Monday, Aug. 19, 2024. A phased shutdown of the networks at Canadian National Railway Co. and Canadian Pacific Railway Ltd. is already underway as the clock ticks down on negotiations with the union representing 9,300 engineers, conductors and yard workers. Both companies have issued lockout notices while the union has also threatened to strike. THE CANADIAN PRESS/Darryl Dyck
Business groups call on federal government to prevent rail work stoppage
SYNDTGAM - Wed Aug 21, 8:24AM CDT
SYNDTGAM
Wed Aug 21, 8:24AM CDT
The groups say the federal labour minister can refer the dispute to the Canada Industrial Relations Board for binding arbitration and prohibit a strike, lockout or end any ongoing stoppage pending a resolution
FILE PHOTO: Rail cars being loaded at Nutrien's Cory potash mine near Saskatoon, Saskatchewan, Canada August 12, 2019. REUTERS/Nayan Sthankiya/File Photo
Looming Canadian rail stoppage poised to disrupt North Americaโ€™s agricultural supply chain
SYNDTGAM - Tue Aug 20, 11:55AM CDT
SYNDTGAM
Tue Aug 20, 11:55AM CDT
Nearly three dozen North American agriculture groups, in a joint letter to the U.S. and Canadian governments on Monday, urged action to avoid a stoppage
A worker walks past tanker cars and locomotives at the Canadian Pacific Kansas City (CPKC) rail yard in Port Coquitlam, B.C., Monday, Aug. 19, 2024. A phased shutdown of the networks at Canadian National Railway Co. and Canadian Pacific Railway Ltd. is already underway as the clock ticks down on negotiations with the union representing 9,300 engineers, conductors and yard workers. Both companies have issued lockout notices while the union has also threatened to strike. THE CANADIAN PRESS/Darryl Dyck
Rail strike would affect more than 32,000 commuters in Canadaโ€™s three biggest cities
SYNDTGAM - Tue Aug 20, 10:18AM CDT
SYNDTGAM
Tue Aug 20, 10:18AM CDT
Transit authorities say select commuter lines that run on CPKC tracks in Toronto, Montreal and Vancouver will be suspended if dispatchers walk off the job
A drone view shows a train arriving at the CN Rail freight depot in Hamilton, Ontario, Canada August 19, 2024. REUTERS/Carlos Osorio
CN Rail, Canadian Pacific Kansas City wind down operations as possible shutdown nears
The Globe and Mail - Mon Aug 19, 7:30PM CDT
The Globe and Mail
Mon Aug 19, 7:30PM CDT
Business groups say a rail stoppage would threaten Canadaโ€™s economy, preventing movement and supply of everything from fuel, to food, raw materials and consumer goods
A train arrives at the CN Rail freight depot in Hamilton, Ontario, Canada August 19, 2024. REUTERS/Carlos Osorio
Potential work stoppage at CN Rail, CPKC would be โ€˜devastatingโ€™ for small businesses, CFIB says
SYNDTGAM - Mon Aug 19, 12:43PM CDT
SYNDTGAM
Mon Aug 19, 12:43PM CDT
Jasmin Guenette, the groupโ€™s head of national affairs, said the longer a work stoppage goes on, โ€˜the costlier it becomes for small firms who may lose sales and contractsโ€™