Canadian National Railway

CN files Shelf Prospectus Qualifying the Issuance of Debt Securities

Retrieved on: 
Tuesday, April 2, 2024
CNI, Corporation, Canadian National Railway, TSX, Telephone, Sale, CNR, Security (finance)

MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months.

Key Points: 
  • MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months.
  • CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
  • A copy of the shelf prospectus will be available on the Canadian Securities Administrators' web site, www.sedarplus.ca, or the SEC's website, www.sec.gov.

CLC President Bruske to all levels of government: Show you stand with workers and implement anti-scab legislation now

Retrieved on: 
Thursday, March 14, 2024
Congress, Face, Walking, Strike, Canadian National Railway, Unifor, Heart, Safety, Public sector, Hostility, Scabs, Bruske, Legislation

“I’ve heard some concerning stories from workers who faced direct conflict during a strike, threatening their safety and livelihood.

Key Points: 
  • “I’ve heard some concerning stories from workers who faced direct conflict during a strike, threatening their safety and livelihood.
  • The horrific event that happened in Northern Ontario less than two weeks ago is a terrifying example.
  • Scabs, sometimes called “replacement” workers, are brought in during a lockout or strike to take regular workers’ jobs.
  • More and more private and public sector workers are turning to their unions to stand up and demand better.

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern’s Failures of Diligence and Poor Judgment in Appointing John Orr as COO

Retrieved on: 
Friday, April 5, 2024
Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Letter, Exercise, Canadian Pacific Railway, Precision, History, Transport, Disclosure, Surface Transportation Board, KCS, Road, Workplace, Employment, CPKC, Risk, Woman, CSX, Illinois Central Railroad, Safety, CSX Corporation, Depression, Canadian National Railway, EVP, PSR, Meridian Speedway, NSC, Annual general meeting, Weakness, Female, Behavior, Verbal abuse, Security (finance)

Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.

Key Points: 
  • Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.
  • Ancora is a sizable shareholder of Norfolk Southern, meaning our interests and your interests are squarely aligned.
  • The Board and Mr. Shaw provided CPKC with excessive financial and strategic consideration that weakens Norfolk Southern’s long-term competitive positioning.
  • Norfolk Southern operated from a position of desperation, and shareholders and other stakeholders now stand to pay a steep price.

Unifor ratifies agreement with CN Autoport

Retrieved on: 
Wednesday, April 3, 2024
Social justice, Name, Pension, Canadian National Railway, Private sector, Local, NS, Book, Courage

HALIFAX, NS, April 3, 2024 /CNW/ - Unifor members at CN Autoport have ratified a three-year collective agreement, ending a 37-day strike at the transshipment facility in Eastern Passage, N.S.

Key Points: 
  • HALIFAX, NS, April 3, 2024 /CNW/ - Unifor members at CN Autoport have ratified a three-year collective agreement, ending a 37-day strike at the transshipment facility in Eastern Passage, N.S.
  • They have shown courage and dignity in standing up to the bully tactics of CN Autoport.
  • And CN can be guaranteed that Unifor will not rest until we achieve anti-scab legislation in every province across Canada."
  • "This agreement marks a solid step forward for Autoport workers," said Cory Will, President of Unifor Local 100.

CN Autoport talks break down as company offers less to striking workers

Retrieved on: 
Wednesday, March 20, 2024
Social justice, Courage, Constitution, Private sector, NDP, Unifor, NS, Canadian National Railway

"CN Rail and Autoport are showing who they are.

Key Points: 
  • "CN Rail and Autoport are showing who they are.
  • They asked us back to the bargaining table only to offer less than our members turned down before this strike began.
  • "If the company thinks they will break the resolve of our members, they are not reading the room.
  • Unifor is Canada's largest union in the private sector, representing 315,000 workers in every major area of the economy.

Unifor encourages all-party support for NS NDP anti-scab legislation

Retrieved on: 
Tuesday, March 19, 2024
Social justice, Commons, Columbia, Strike, Canadian National Railway, Trade union, Private sector, House, MLA, Unifor, Safety, Workplace, NDP, NS, Legislation

"Anti-scab legislation is about leveling the playing field and upholding workers' Constitutional rights," said Unifor National President Lana Payne.

Key Points: 
  • "Anti-scab legislation is about leveling the playing field and upholding workers' Constitutional rights," said Unifor National President Lana Payne.
  • "Unifor is calling on Premier Tim Houston and every sitting MLA to vote to support amendments to the Trade Union Act to protect striking workers so situations like the one at CN Autoport can't happen again."
  • Unifor members rallied outside the Nova Scotia Legislature this morning, alongside members from other unions, to call for all-party support for the NDP legislation.
  • Unifor is advocating for every jurisdiction across Canada to pass anti-scab legislation to restore workers' Constitutionally-protected right to strike.

Solidarity action stops CN train in Winnipeg

Retrieved on: 
Friday, March 15, 2024
MB, Headache, Social justice, Strike, Canadian National Railway, Private sector, Nursing

WINNIPEG, MB, March 14, 2024 /CNW/ - A CN train was safely stopped during a solidarity action by Unifor members in Winnipeg this evening as part of an escalation caused by the company's use of scab labour in Halifax.

Key Points: 
  • WINNIPEG, MB, March 14, 2024 /CNW/ - A CN train was safely stopped during a solidarity action by Unifor members in Winnipeg this evening as part of an escalation caused by the company's use of scab labour in Halifax.
  • The shameful behaviour by CN Autoport in Halifax will be met with resistance across our union," said Lana Payne, Unifor National President.
  • "CN can expect more unscheduled disruption from coast-to-coast if it continues strike-busting tactics."
  • At a rail crossing at a public roadway near CN's Winnipeg yards, close to 100 Unifor members and supporters held the solidarity action a safe distance away from the tracks.

DP World Prince Rupert Boosts Efficiency, Reliability in the Global Supply Chain

Retrieved on: 
Tuesday, February 27, 2024
Rail, Maritime, Transport, Logistics, Supply Chain Management, ERS, Gateway, Album-equivalent unit, Port of Prince Rupert, DP World, Ocean Alliance, DP, Canadian National Railway, Partnership

This includes routing customers through Canada’s Port of Prince Rupert, which boasts several strategic advantages for North American customers seeking efficiency and reliability in their supply chain operations.

Key Points: 
  • This includes routing customers through Canada’s Port of Prince Rupert, which boasts several strategic advantages for North American customers seeking efficiency and reliability in their supply chain operations.
  • Speed and Agility: To minimize delays throughout the entire value chain, DP World Prince Rupert emphasizes reduced dwell times and swift cargo movement.
  • Global Connectivity: Marine access from DP World Prince Rupert to Asia through three major alliances – Ocean Alliance, 2M Alliance, and T.H.E.
  • Shaun Stevenson, President & CEO, Prince Rupert Port Authority, underscored the port's strategic advantages: “The Port of Prince Rupert provides fast and reliable supply chain solutions for trans-Pacific trade.

Resilio Achieves Top 5 Recognition for Solving File Collaboration Challenges in Distributed Workforces

Retrieved on: 
Wednesday, February 14, 2024
DAS, Aircraft, National Railway, Synology, Deutsche Aircraft, USB, Research, ROI, Canadian National Railway, Data management, Growth, Linux, ExxonMobil, Data, API, Frustration, Sound, NAS, Organization, SDS, Automation, Computer data storage

PLEASANTON, Calif., Feb. 14, 2024 /PRNewswire/ -- Resilio, a leader in the delivery of active, current, and accessible file data everywhere, today announced that analyst firm Data Center Intelligence Group (DCIG) has named Resilio Connect a "Top 5 Multi-site File Collaboration Solution" in this year's DCIG Top 5 Rising Vendors data storage technologies report.

Key Points: 
  • This worked well when employees sat in offices with fast links to file servers or network-attached storage (NAS) systems.
  • However, enterprises using conventional file collaboration methods suffer from limited scalability, inadequate version control, exponential file data growth, limited file access for sharing, inability to handle large files with distributed teams, and network latency.
  • "Resilio Connect offers a different approach from traditional hub-and-spoke file collaboration tools," said Todd Dorsey, senior storage analyst at DCIG.
  • The Top 5 Multi-site File Collaboration Solution report is an outcome of DCIG's research into the marketplace for software-defined storage (SDS) for file storage.

PlasCred Circular Innovations Inc. Begins Trading on the Frankfurt Stock Exchange, Provides Corporate Overview

Retrieved on: 
Thursday, February 8, 2024
Partnership, Growth, Canadian National Railway, Certification, Movement, Primus, Transport, Environment, Verra, ISCC, Patent, Software, Renewable energy

Introduction and Vision: PlasCred emerged with a pioneering vision to transform the plastic waste crisis into an opportunity for sustainable development.

Key Points: 
  • Introduction and Vision: PlasCred emerged with a pioneering vision to transform the plastic waste crisis into an opportunity for sustainable development.
  • By leveraging advanced patent pending upcycling technologies, we aim to mitigate environmental impact and foster a circular economy, turning plastic waste into valuable resources.
  • Technological Success: The Primus pilot plant, commissioned in May 2023, stands as a groundbreaking achievement for PlasCred, showcasing our innovative approach to upcycling plastic waste.
  • "Our progress is a beacon of what's possible when dedication meets vision, illustrating our commitment to creating a sustainable future."