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CN Continues to Advance Decarbonization Efforts with EMD® Mainline Hybrid Locomotive from Progress Rail

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Friday, April 5, 2024

CNI, CDP, S&P Global, Climate change, Transport, CNR, Progress Rail, Carbon, TSX, Caterpillar Inc., EMD, Weather, Renewable energy

MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet. CN is collaborating on this initiative with the Province of British Columbia who awarded approximately $3.2 million to the Company under the Clean BC Go Electric Commercial Vehicle Pilots Program.

Key Points:

MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans.
The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet.
The testing will increase CN’s and the rail industry’s knowledge on battery technology and more specifically, on the impact of alternative propulsion technology on mainline locomotives.
“CN is committed to supporting the transition to a net-zero economy and proud of the progress we’ve made so far on our decarbonization journey.

CN to Report First-Quarter 2024 Financial and Operating Results on April 23, 2024

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Wednesday, April 3, 2024

CNI, International, Telephone, TSX, CNR

MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2024 financial and operating results after the market close on April 23, 2024.

Key Points:

MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2024 financial and operating results after the market close on April 23, 2024.
CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on April 23.
Tracy Robinson, CN President and Chief Executive Officer, will lead the call.
CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website at www.cn.ca/en/investors .

CN files Shelf Prospectus Qualifying the Issuance of Debt Securities

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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.

CN Releases New Indigenous Policy in Support of its Commitment to Reconciliation

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Tuesday, March 26, 2024

CNI, Growth, Indigenous peoples, Policy, CNR, Outline, TSX, Reconciliation Australia, Nursing

MONTREAL, March 26, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) Building upon its commitment to Reconciliation and Indigenous engagement, CN today released its new Indigenous Relations Policy for the company.

Key Points:

MONTREAL, March 26, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) Building upon its commitment to Reconciliation and Indigenous engagement, CN today released its new Indigenous Relations Policy for the company.
In this Policy, CN is building a foundation that rests on five guiding principles:
"CN is deeply committed to Reconciliation and continuing to work collaboratively alongside Indigenous communities across our network.
This new Indigenous Relations Policy is an opportunity for growth, understanding, and positive change.
“This new policy is just one piece of the comprehensive work being undertaken at CN to build strong and meaningful relationships with Indigenous peoples.

CNR, France's Top Renewable Energy Producer, Selects Cosmo Tech for Asset Investment Planning Simulation

Retrieved on:

Wednesday, March 27, 2024

View the full release here: https://www.businesswire.com/news/home/20240328075015/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240328075015/en/
The aim of bringing Cosmo Tech on board for CNR is to assist its teams in predicting how their decisions in asset renewal and maintenance will affect overall performance.
This helps optimize investments and improve the operational efficiency of CNR's hydroelectric and solar power plants, dams, and locks in France's Rhône Valley.
"Our choice of Cosmo Tech's AI Simulation capabilities marks a significant advancement towards supporting our 2030 strategy.
This partnership not only highlights the potential of AI Simulation in managing complex systems but also cements Cosmo Tech’s commitment to aiding sustainable transition in industry.”

CervoMed Announces Presentation of Biomarker Data from the AscenD-LB Phase 2a Trial and Preclinical Data Supporting Potential of Neflamapimod in Tau-Mediated Disease at AD/PD ™ 2024

Retrieved on:

Tuesday, March 5, 2024

BOSTON, March 05, 2024 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO), a clinical stage company focused on developing treatments for degenerative diseases of the brain, today announced the presentation of biomarker data from the AscenD-LB Phase 2a trial of neflamapimod in patients with dementia with Lewy bodies (DLB), demonstrating that neflamapimod reduces plasma levels of glial fibrillary acidic protein (GFAP) compared placebo, and that the effects of neflamapimod on GFAP were inversely correlated to change in CDR-SB (reduction in GFAP associated with improvement in CDR-SB, and increase in GFAP associated with worsening in CDR-SB). These data will be featured in a poster presentation at the 18th International Conference on Alzheimer’s and Parkinson’s Diseases (AD/PD™) 2024, being held both virtually and in Lisbon, Portugal from March 5–9, 2024. In addition, academic researchers from UCL will be presenting data in a separate poster at the meeting demonstrating that p38MAPK inhibition, including with neflamapimod specifically, improves tau-induced axonal transport defects both in vitro and in a tauopathy mouse model.

Key Points:

These data will be featured in a poster presentation at the 18th International Conference on Alzheimer’s and Parkinson’s Diseases (AD/PD™) 2024, being held both virtually and in Lisbon, Portugal from March 5–9, 2024.
“The effects on GFAP, particularly the association between GFAP response and clinical outcomes, further support that neflamapimod is clinically efficacious in patients with DLB,” said John Alam, MD, Chief Executive Officer of CervoMed.
A PDF copy of the GFAP poster presentation will be available on the “ Presentations and Publications ” section of the CervoMed website.
Title: NEW INSIGHTS IN THE DEVELOPMENT OF BIOMARKERS, IMAGING, AND THERAPY OF ALPHA-SYNUCLEIN, LRKK2, AND GBA PATHOLOGIES

The Milton Logistics Hub is Critical to North American Supply Chains

Retrieved on:

Monday, March 4, 2024

TSX, CNR, CNI, GTHA, Project, Environment

MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) While still reviewing a Federal court’s decision related to the Milton Logistics Hub, CN is reiterating its commitment to the Milton Logistics Hub.

Key Points:

MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- (TSX: CNR) (NYSE: CNI) While still reviewing a Federal court’s decision related to the Milton Logistics Hub, CN is reiterating its commitment to the Milton Logistics Hub.
The Project is a critical piece of infrastructure in Canada’s busiest and fastest growing region, where new capacity is needed to meet the growing demand for goods.
The Milton Logistics Hub will not only benefit Ontario, but further strengthen the Canadian economy and its strategic advantages.
“Consumers and Canadian businesses from coast to coast to coast rely on CN’s network to access goods at home and around the world.

CN Reaches New Tentative Collective Agreement with United Steelworkers

Retrieved on:

Friday, March 1, 2024

TSX, CNR, USW, CNI

MONTREAL, March 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that a new tentative three-year collective agreement has been reached with the United Steelworkers (USW) Local 2004.

Key Points:

MONTREAL, March 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that a new tentative three-year collective agreement has been reached with the United Steelworkers (USW) Local 2004.
USW represents approximately 2,500 track and bridge employees at CN, primarily responsible for track maintenance across Canada.
No details of the tentative agreement will be released publicly until the agreement is ratified.
For more information on United Steelworkers, visit their website at www.usw.ca .

Ghislain Houle and Patrick Whitehead to Address the 45th Annual Raymond James Institutional Investor Conference on March 6

Retrieved on:

Friday, February 23, 2024

TSX, CNR, CNI, Webcast, Conference

MONTREAL, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the 45th Annual Raymond James Institutional Investor Conference on March 6, 2024, at 8:05 a.m. Eastern Time (ET).

Key Points:

MONTREAL, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the 45th Annual Raymond James Institutional Investor Conference on March 6, 2024, at 8:05 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 following the event.

CN Files a Notice of Dispute

Retrieved on:

Friday, February 16, 2024

TSX, CNR, TCRC, CNI, Conference

MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.

Key Points:

MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed for a notice of dispute in its negotiations with the Teamsters Canada Rail Conference (TCRC) to support the parties in achieving a negotiated settlement.
The TCRC represents approximately 6,000 conductors, conductor trainees, yard coordinators and locomotive engineers across CN’s network in Canada.
CN strongly believes that an agreement can be achieved through the collective bargaining process and remains committed to working with the TCRC to reach an agreement that is good for the employees, for CN and for Canada’s supply chain.
Recent regulatory changes have challenged crew availability and CN is proposing to address that issue through a modernization of the compensation model.