Exactly 25 years ago today, the
At the time, CN was the largest and oldest
To mark this important anniversary, JJ Ruest, CN's President and Chief Executive Officer, will ring the Opening Bell at the
'The privatization of CN was anticipated with widespread skepticism, but executed with startling success and today it is the source of enormous pride for our employees and all those involved over the years. It allowed CN to unleash the powerful creative and competitive forces of our railroaders. I want to thank everyone who contributed to this success as well as our employees for their dedication to safely moving the economy for our customers and for the communities where we operate. Twenty-five years after the IPO and with safety as our core value, our future is all about performance and customer service, generating long-term value for our shareholders. It's been an amazing 25 years and the journey continues.'
JJ Ruest, President and Chief Executive Officer of CN
On
In the past quarter century, CN has expanded its network to reach three coasts, from the
CN has also become a leader in technology and innovation. Privatization allowed it to pioneer the Precision Scheduled Railroading model, which has vastly improved railroad efficiency since it was implemented at CN in 1998. Artificial intelligence and advanced data analysis are now propelling CN into the next evolution; the digitalization of scheduled railroading.
Forward-looking statements
Certain statements included in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. The Company cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as 'believes,' 'expects,' 'anticipates,' 'assumes,' 'outlook,' 'plans,' 'targets,' or other similar words. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause the actual results or performance of the Company to be materially different from the outlook or any future results or performance implied by such statements. Reference should be made to Management's Discussion and Analysis in CN's annual and interim reports, Annual Information Form and Form 40-F, filed with Canadian and
About CN
CN 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
Contact:
Contact:
Tel: (514) 399-7956
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