Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian National Railway Company    CNR   CA1363751027

CANADIAN NATIONAL RAILWAY COMPANY

(CNR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Canadian National Railway : New Illegal Blockades in Vaughan and Vancouver, CN Concerned About Safety

share with twitter share with LinkedIn share with facebook
share via e-mail
02/15/2020 | 08:15pm EDT

MONTREAL, Feb. 15, 2020 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced that there have been new blockades on its network today, one in Vancouver, B.C., and two in Vaughan, ON. CN has sought and obtained court orders and requested the assistance of enforcement agencies to end these illegal blockades. While both of the illegal blockades in Vaughan have ended and the other one in Vancouver may come to an end shortly, CN has deep concerns regarding the safety of its employees, the public, and the protestors.

In Vaughan, protesters put their personal safety at risk by climbing on and between railcars,” said JJ Ruest, president and chief executive officer at CN. ‘’The protesters trespassed on active railway tracks and on active trains to hang their banners and take photos of themselves. Trespassing on railway property and tampering with railway equipment is not only illegal, but also exceedingly dangerous. A train can arrive or a railcar can move at any time. A serious and even fatal incident could be the outcome. Safety is a core value at CN and every time a breach like this occurs, we send railway experts to inspect the track and equipment for the safety of our employees and the public, which further slows the movement of goods.

The illegal blockade of CN tracks at Tyendiaga, ON continues into its 9th day. To this day, the orders of the court have yet to be enforced and continue to be ignored by protesters. The shutdown of CN’s Eastern Canadian network will continue until the illegal blockades end, affecting both freight and passenger trains.

“Unfortunately, service to VIA Rail and Amtrak has been discontinued across Canada. It is unsafe to allow passenger trains to start trips across our network when we have no control over where, when, or how an illegal blockade may occur. It would be irresponsible to allow the travelling public to be trapped in a blockade,” concluded Ruest.

CN is a true backbone of the economy transporting more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network of approximately 20,000 route-miles spanning Canada and mid-America. CN – Canadian National Railway Company, along with its operating railway subsidiaries – serves the cities and ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss., with connections to all points in North America. For more information about CN, visit the company’s website at www.cn.ca.

Contacts: 
Media
Alexandre Boulé
Senior Advisor
Media Relations
(514) 399-4735
Media@cn.ca
Investment Community
Paul Butcher
Vice-President
Investor Relations
(514) 399-0052

CN100 logo.jpg

Source: Canadian National Railway

2020 GlobeNewswire, Inc., source Press Releases

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on CANADIAN NATIONAL RAILWAY
03/25North American Rail Traffic Falls 7.7% in Week Ended March 21
DJ
03/24CANADIAN NATIONAL RAILWAY : CN to participate in a virtual fireside chat with BM..
AQ
03/24CN to participate in a virtual fireside chat with BMO Capital Markets on Marc..
GL
03/18North American Rail Traffic Fell 6.4% in Week Ended March 14
DJ
03/16CANADIAN NATIONAL RAILWAY : Protective Orders Alive And Well In Canadian IP Liti..
AQ
03/13CANADIAN NATIONAL RAILWAY : DBRS Morningstar Confirms Ratings on Canadian Nation..
AQ
03/11CANADIAN NATIONAL RAILWAY : CN adopts live webcast format for its 2020 annual me..
AQ
03/11North American Rail Traffic Fell 6.4% in Week Ended March 7
DJ
03/10CANADIAN NATIONAL RAILWAY : Hamlet northeast of Calgary safe for re-entry after ..
AQ
03/10LIQUEFIED PETROLEUM GAS WAS ABOARD R : Tsb
AQ
More news
Financials (CAD)
Sales 2020 15 207 M
EBIT 2020 5 802 M
Net income 2020 4 300 M
Debt 2020 14 163 M
Yield 2020 2,24%
P/E ratio 2020 17,0x
P/E ratio 2021 15,3x
EV / Sales2020 5,77x
EV / Sales2021 5,42x
Capitalization 73 516 M
Chart CANADIAN NATIONAL RAILWAY COMPANY
Duration : Period :
Canadian National Railway Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CANADIAN NATIONAL RAILWAY
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 115,72  CAD
Last Close Price 103,25  CAD
Spread / Highest target 28,8%
Spread / Average Target 12,1%
Spread / Lowest Target -21,5%
EPS Revisions
Managers
NameTitle
Jean-Jacques Ruest President, Chief Executive Officer & Director
Marlene Kaye Puffer President & CEO-Investment Division
Robert L. Pace Chairman
Rob Reilly COO, Chief Information & Technology Officer, EVP
Ghislain Houle Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
CANADIAN NATIONAL RAILWAY COMPANY-12.11%52 236
UNION PACIFIC-21.18%95 981
CSX CORPORATION-19.06%43 383
NORFOLK SOUTHERN CORPORATION-26.15%36 859
CANADIAN PACIFIC RAILWAY LIMITED-6.67%28 571
KANSAS CITY SOUTHERN-16.45%12 303