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CNI Canadian National Railway Co

123.54
1.58 (1.30%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian National Railway Co NYSE:CNI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.58 1.30% 123.54 123.77 122.445 123.07 795,233 01:00:00

CN Maintains Normal Rail Operations Across Canada as IBEW Strikes

20/06/2022 2:00pm

GlobeNewswire Inc.


Canadian National Railway (NYSE:CNI)
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From May 2022 to May 2024

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CN (TSX: CNR) (NYSE: CNI) announced today that normal rail operations continue safely as it has implemented its operational contingency plan. The plan allows the Company to maintain a normal level of safe rail operations across Canada and serve its customers for as long as required.

Following the International Brotherhood of Electrical Workers’ (IBEW) rejection of CN’s latest offer, CN Executive Vice-President and Chief Operating Officer Rob Reilly sent a letter to all employees represented by the union to inform them of CN’s latest offer. The letter is available here.

While the Company is disappointed with the current situation, CN remains committed to finding a resolution and it continues to encourage the IBEW to end its strike through an agreement or through binding arbitration.

About CNCN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

Contacts:

MediaInvestment Community
Jonathan AbecassisPaul Butcher
Senior ManagerVice-President
Media RelationsInvestor Relations
438-455-3692media@cn.ca(514) 399-0052investor.relations@cn.ca

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