- Janet Drysdale to address the 19th Annual Wolfe Research Global Transportation & Industrials Conference on May 21
May 13, 2026
Canadian National Railway Company
MONTREAL, May 13, 2026 (GLOBE NEWSWIRE) -- Janet Drysdale, Executive Vice-President and Chief Commercial Officer of CN (TSX: CNR) (NYSE: CNI), will address the 19th Annual Wolfe Research Global Transportation & Industrials Conference on May 21, 2026, starting at 8:00 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.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
Media Investment Community Ashley Michnowski Jamie Lockwood Senior Manager Vice-President Media Relations Investor Relations & Special Projects (438) 596-4329 (514) 399-0052 media@cn.ca investor.relations@cn.ca
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- Janet Drysdale to address the 19th Annual Wolfe Research Global Transportation & Industrials Conference on May 21
May 13, 2026 · globenewswire.com
MONTREAL, May 13, 2026 (GLOBE NEWSWIRE) -- Janet Drysdale, Executive Vice-President and Chief Commercial Officer of CN (TSX: CNR) (NYSE: CNI), will address the 19th Annual Wolfe Research Global Transportation & Industrials Conference on May 21, 2026, starting at 8:00 a.m. Eastern Time (ET).
- JANET DRYSDALE TO ADDRESS THE 19TH ANNUAL WOLFE RESEARCH GLOBAL TRANSPORTATION & INDUSTRIALS CONFERENCE ON MAY 21
May 13, 2026
MONTREAL, MAY 13, 2026 (GLOBE NEWSWIRE) -- JANET DRYSDALE, EXECUTIVE VICE-PRESIDENT AND CHIEF COMMERCIAL OFFICER OF CN (TSX: CNR) (NYSE: CNI), WILL ADDRESS THE 19TH ANNUAL WOLFE RESEARCH GLOBAL TRANSPORTATION & INDUSTRIALS CONFERENCE ON MAY 21, 2026, STARTING AT 8:00 A.M. EASTERN TIME (ET).
- CN: STB should reject ‘incomplete’ UP-NS merger application
May 11, 2026
Canadian National urged the U.S. Surface Transportation Board to reject the amended merger application by Union Pacific and Norfolk Southern, claiming it still fails to meet the regulator’s requirements.
Montreal-based CN (NYSE: CNI) in a filing Monday said the application “continues to omit required information regulators and stakeholders need to meaningfully assess the competitive and operational impacts of this major proposed merger.”
The STB in January rejected the initial application from UP (NYSE: UNP) and NS (NYSE: NSC) for missing information on, among other elements, forward-looking market share data; details that would allow UP to walk away from the deal; and specifics on control of a terminal railway in St. Louis that interchanges traffic between railroads.
CN said the revised application addressed only one deficiency by providing the complete merger agreement.
“Applicants still have not offered meaningful competitive enhancements, falling far short of the STB’s higher burden for Class I mergers to enhance competition and meet the public interest standard,” CN said.
The filing also lacks complete competition analyses and market share information, and instances where rail service to shippers would shrink from two Class I options to one, or from three to two. Also, it noted the absence of analyses of downstream competitive impacts from future potential rail consolidation.
CN criticized the proposed Committed Gateway Pricing (CGP) program, which it termed the sole alleged enhancement to competition, calling it a “temporary” and “highly limited” program that applies to less than 1% of U.S. rail traffic.
“CGP excludes major categories of traffic including finished vehicles, intermodal shipments, unit trains, and all customers currently served by CN, CPKC (NYSE: CP), and most short lines,” CN said. According to UP and NS, it claimed, “CGP will actually harm many shippers. Importantly, many shippers would face increases in rail shipping costs due to the CGP program, as shown in the state maps submitted with CN’s comments.
“Rather than provide the required competition analyses, they recycled the same flawed approach the board already rejected,” said Olivier Chouc, CN executive vice-president and chief legal officer, in a release. “Rather than submit the required Terminal Railroad Association of St. Louis application, they deleted their prior filing and offered a vague promise in its place. And rather than propose real competitive enhancements, they doubled down on a pricing program that will harm more shippers than it helps as shown by their own expert’s study.
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“This is not a serious effort to comply with the Board’s requirements – it is a disregard for the process and for the stakeholders who depend on it.”
The company said it expects the STB to conduct a thorough and fair review.
“CN remains confident the board will hold applicants to the standards required by the board’s regulations and to reject this incomplete application.”
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- Canadian National Railway to Add Five New Sites, Re-Certify Six U..S Locations
May 11, 2026
Canadian National Railway (CNR.TO, CNI) said Monday it will add five new industrial sites and re-cer
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- CN Expands Certified Rail-Ready Site Program with New Industrial Development Opportunities
May 11, 2026
Canadian National Railway Company
MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it will be adding five new industrial development sites to its Certified Rail-Ready Sites program, and re-certifying six of its existing U.S sites across the Company’s network.
These eleven sites will be certified through CN’s new partnership with the Site Selectors Guild’s REDI Sites program, an industry-recognized certification framework designed to bring greater rigor, consistency, and credibility to industrial site readiness.
“Industrial development decisions require speed, certainty, and long-term infrastructure confidence. CN’s Certified Rail-Ready Sites program helps businesses move more quickly from site selection to operations by identifying strategic, rail-served locations that are ready for investment and connected to markets across North America.”
- Janet Drysdale, Executive Vice-President and Chief Commercial Officer, CN
“In today’s environment, readiness is a competitive advantage. CN is leaning into that by advancing sites through the REDI Sites designation process, bringing greater rigor, consistency, and credibility to how its portfolio is positioned. Companies want clear information and fewer surprises, and REDI’s independent review helps deliver that confidence.”
- Didi Caldwell, President & CEO, Global Location Strategies and REDI Sites Board Chair.
CN’s Certified Rail-Ready Sites program identifies and pre-qualifies strategic industrial locations with direct access to CN’s network. Sites are evaluated based on key criteria, including zoning, environmental considerations, utility availability, and transportation infrastructure, helping reduce development risk and accelerate project timelines for businesses and investors. CN also works with qualified consulting and engineering firms to support the certification process and strengthen site marketing efforts.
The five new sites submitted for certification include:
Michigan AMD, Genesee County, MI – 1,400 acres Buick City – RACER Trust, Burton, MI – 55 acres Carbondale Site, Jackson County, IL – 100 acres Leatherman Site, DeSoto County, MS – 190 acres Willow Glen Site, Iberville Parish, LA – 500 acres
The six rail-served sites that will be re-certified include:
Enterprise Park at Fulton, Fulton KY - 53 acres Helena Industrial Complex, Jackson County MS - 46 acres Mattoon Prairie Industrial Park, Coles County IL - 420 acres MEC Smart Park, Cassopolis MI - 70 acres NW TN Regional, Obion County TN - 296 acres Rialto Industrial Park, Covington TN - 146 acres
CN’s Certified Rail-Ready Sites are strategically located across key industrial regions in Canada and the United States and are supported by CN’s broader network of transload and distribution facilities, helping connect businesses to markets across North America.
Story Continues
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
Media Investment Community Ashley Michnowski Jamie Lockwood Senior Manager Vice-President Media Relations Investor Relations and Special Projects (438) 596-4329 (514) 399-0052 media@cn.ca investor.relations@cn.ca
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- Le CN élargit son programme de sites de développement ferroviaire et de nouvelles possibilités de développement industriel
May 11, 2026
MONTRÉAL, 11 mai 2026 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui l’ajout de cinq sites industriels à son programme de sites de développement ferroviaire et la recertification de six de ses sites américains existants sur l’ensemble du réseau de la Compagnie.
Ces onze sites seront certifiés grâce au nouveau partenariat du CN avec le programme REDI Sites de la Site Selectors Guild, un cadre de certification reconnu par l’industrie et conçu pour apporter plus de rigueur, de cohérence et de crédibilité à l’évaluation de la préparation des sites industriels.
« Les décisions en expansion industrielle exigent rapidité, certitude et confiance dans les infrastructures à long terme. Le programme de sites de développement ferroviaire du CN aide les entreprises à passer plus rapidement de la sélection d’un site à l’exploitation grâce au repérage de lieux stratégiques desservis par rail dans lesquels il est possible d’investir et qui sont connectés aux marchés de l’Amérique du Nord. »
- Janet Drysdale, vice-présidente exécutive et cheffe de la direction des Affaires commerciales
« Dans le contexte actuel, la préparation est un avantage concurrentiel. Le CN mise sur cet atout pour que ses sites progressent grâce au processus de désignation des sites REDI. Cela confère à son portefeuille une rigueur, une cohérence et une crédibilité accrues. Les entreprises veulent de l’information claire et moins d’imprévus. L’examen indépendant de REDI contribue à leur apporter cette confiance. »
- Didi Caldwell, président et chef de la direction de Global Location Strategies et président du conseil d’administration de REDI Sites
Le programme de sites de développement ferroviaire du CN permet de localiser et de préqualifier les sites industriels stratégiques ayant un accès direct au réseau du CN. Les principaux critères d’évaluation des sites sont notamment le zonage, les facteurs environnementaux et la disponibilité des services publics et les infrastructures de transport. Ainsi, les risques liés à l’expansion et les délais des projets diminuent pour les entreprises et les investisseurs. Le CN collabore aussi avec des cabinets d’experts-conseils et d’ingénierie qualifiés pour soutenir le processus de certification et renforcer les efforts de marketing des sites.
Les cinq nouveaux sites soumis à la certification sont les suivants :
Michigan AMD, Genesee County (MI) – 1 400 acresBuick City – RACER Trust, Burton (MI) – 55 acresCarbondale Site, Jackson County (IL) – 100 acresLeatherman Site, DeSoto County (MS) – 190 acresWillow Glen Site, Iberville Parish (LA) – 500 acres
Les six sites desservis par rail qui seront recertifiés sont les suivants :
Enterprise Park à Fulton, Fulton (KY) – 53 acresComplexe industriel d’Helena, Comté de Jackson (MS) – 46 acresParc industriel de Mattoon Prairie, Comté de Coles (IL) – 420 acresMEC Smart Park, Cassopolis (MI) – 70 acresParc industriel régional NW TN, Comté d’Obion (TN) – 296 acresParc industriel Rialto, Covington (TN) – 146 acres
Les sites de développement ferroviaire du CN sont stratégiquement situés dans les principales régions industrielles du Canada et des États-Unis. Ils bénéficient du vaste réseau d’installations de transbordement et de distribution du CN. Cela contribue à relier les entreprises aux marchés de l’Amérique du Nord.
À propos du CN
Le CN propulse l’économie en acheminant annuellement en toute sécurité plus de 300 millions de tonnes de ressources naturelles, de produits manufacturés et de produits finis partout en Amérique du Nord pour ses clients. Grâce à son réseau ferroviaire de près de 20 000 milles et à ses services de transport connexes, le CN relie les côtes est et ouest du Canada au Midwest aux États-Unis et à la côte du Golfe des États-Unis, contribuant au commerce durable et à la prospérité des collectivités qu’il dessert depuis 1919.
Sources:
MédiasInvestisseursAshley MichnowskiJamie LockwoodDirectrice principaleVice-présidentRelations avec les médiasRelations avec les investisseurs et Projets spéciaux438 596-4329
media@cn.ca514 399-0052
investor.relations@cn.ca
- CN Expands Certified Rail-Ready Site Program with New Industrial Development Opportunities
May 11, 2026
MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it will be adding five new industrial development sites to its Certified Rail-Ready Sites program, and re-certifying six of its existing U.S sites across the Company’s network.
These eleven sites will be certified through CN’s new partnership with the Site Selectors Guild’s REDI Sites program, an industry-recognized certification framework designed to bring greater rigor, consistency, and credibility to industrial site readiness.
“Industrial development decisions require speed, certainty, and long-term infrastructure confidence. CN’s Certified Rail-Ready Sites program helps businesses move more quickly from site selection to operations by identifying strategic, rail-served locations that are ready for investment and connected to markets across North America.”
- Janet Drysdale, Executive Vice-President and Chief Commercial Officer, CN
“In today’s environment, readiness is a competitive advantage. CN is leaning into that by advancing sites through the REDI Sites designation process, bringing greater rigor, consistency, and credibility to how its portfolio is positioned. Companies want clear information and fewer surprises, and REDI’s independent review helps deliver that confidence.”
- Didi Caldwell, President & CEO, Global Location Strategies and REDI Sites Board Chair.
CN’s Certified Rail-Ready Sites program identifies and pre-qualifies strategic industrial locations with direct access to CN’s network. Sites are evaluated based on key criteria, including zoning, environmental considerations, utility availability, and transportation infrastructure, helping reduce development risk and accelerate project timelines for businesses and investors. CN also works with qualified consulting and engineering firms to support the certification process and strengthen site marketing efforts.
The five new sites submitted for certification include:
Michigan AMD, Genesee County, MI – 1,400 acresBuick City – RACER Trust, Burton, MI – 55 acresCarbondale Site, Jackson County, IL – 100 acresLeatherman Site, DeSoto County, MS – 190 acresWillow Glen Site, Iberville Parish, LA – 500 acres
The six rail-served sites that will be re-certified include:
Enterprise Park at Fulton, Fulton KY - 53 acresHelena Industrial Complex, Jackson County MS - 46 acresMattoon Prairie Industrial Park, Coles County IL - 420 acresMEC Smart Park, Cassopolis MI - 70 acresNW TN Regional, Obion County TN - 296 acresRialto Industrial Park, Covington TN - 146 acres
CN’s Certified Rail-Ready Sites are strategically located across key industrial regions in Canada and the United States and are supported by CN’s broader network of transload and distribution facilities, helping connect businesses to markets across North America.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
MediaInvestment CommunityAshley MichnowskiJamie LockwoodSenior ManagerVice-PresidentMedia RelationsInvestor Relations and Special Projects(438) 596-4329(514) 399-0052 media@cn.ca investor.relations@cn.ca
- CN Rail Urges STB to Reject Proposed Union Pacific, Northern Southern Amended Merger Application
May 11, 2026
Canadian National Rail (CNR.TO), down 1.2% on last look, is urging the Surface Transportation Board
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- CN Submits Comments to STB on Completeness of UP-NS Amended Merger Application
May 11, 2026
Canadian National Railway Company
MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) filed comments with the Surface Transportation Board (STB) demonstrating that the amended merger application submitted by Union Pacific (UP) and Norfolk Southern (NS) still fails to meet the Board’s requirements and thus remains incomplete. CN is urging the Board to reject the amended application.
CN’s filing shows that the amended application continues to omit required information regulators and stakeholders need to meaningfully assess the competitive and operational impacts of this major proposed merger. Of the three independent deficiencies the Board identified in rejecting Applicants’ first application in January 2026, the amended application meaningfully addresses only one — providing the complete Merger Agreement — while failing to remedy the other two. Applicants still have not offered meaningful competitive enhancements, falling far short of the STB’s higher burden for Class I mergers to enhance competition and meet the public interest standard.
More specifically, the Amended Application still fails to provide:
Complete competition analyses required by STB regulations; Consistent market share information across the Amended Application; Accurate identification of points that would go from two Class I options to one, or from three Class I options to two; Analyses of downstream competitive impacts from future potential rail consolidation; and A significant transaction application for control of the Terminal Railroad Association of St. Louis (TRRA).
Finally, CN highlighted the insufficiency of the Applicants’ proposed Committed Gateway Pricing (CGP) program — the sole alleged enhancement to competition. This temporary and highly limited program applies to less than one percent of U.S. rail traffic. CGP excludes major categories of traffic, including finished vehicles, intermodal shipments, unit trains, and all customers currently served by CN, CPKC, and most short lines. According to Applicants’ own expert and modeling, CGP will actually harm many shippers. Importantly, many shippers would face increases in rail shipping costs due to the CGP program, as shown in the state maps submitted with CN’s comments.
“In January, the Board gave Applicants a clear roadmap: fix three specific deficiencies and take the opportunity to improve your application. Instead of doing the work, Applicants addressed only one of three — and ignored the Board’s invitation to meaningfully improve their application altogether. Rather than provide the required competition analyses, they recycled the same flawed approach the Board already rejected. Rather than submit the required TRRA application, they deleted their prior filing and offered a vague promise in its place. And rather than propose real competitive enhancements, they doubled down on a pricing program that will harm more shippers than it helps as shown by their own expert’s study. This is not a serious effort to comply with the Board’s requirements — it is a disregard for the process and for the stakeholders who depend on it.”
Story Continues
— Olivier Chouc, Executive Vice-President and Chief Legal Officer, CN
CN appreciates the STB’s commitment to conduct a thorough and fair review in this proceeding to protect rail competition, support affordable transportation options for shippers, and strengthen the resiliency of North American supply chains. CN remains confident the Board will hold Applicants to the standards required by the Board’s regulations and to reject this incomplete application.
CN Forward-Looking Statements
Certain statements by CN 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. CN 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 reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
Media Investment Community Ashley Michnowski Jamie Lockwood Senior Manager Vice-President Media Relations Investor Relations & Special Projects (438) 455-3692
media@cn.ca (514) 399-0052
investor.relations@cn.ca
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