CN (TSX: CNR) (NYSE: CNI) announced today that, in the absence of
significant illegal blockades on its network over the last four
days, it has started calling back most of the temporarily laid off
employees based in Eastern Canada.
Over 1,400 trains, including passenger trains,
were delayed or cancelled because of the blockades, causing
shutdowns of parts of CN’s network as freight is parked across the
network, ready to be moved.
“As the situation is stabilizing, we have
started calling back most of the temporarily laid off employees
based in Eastern Canada to move our customers’ goods as we continue
to focus on a safe and progressive recovery,” said JJ Ruest,
president and chief executive officer at CN. “While we are keeping
a close watch on our network for any further disruptions, we are
mobilizing our employees to be ready to implement a focused and
methodical recovery plan for our Eastern network. The complete
network recovery process will take several weeks. I wholeheartedly
thank our customers, partners, stakeholders as well as all the
various law enforcement agencies involved including CN Police
Services for their patience, support, and understanding during this
unprecedented ordeal. I also wish to recognize the very helpful
support of the provincial Premiers and their respective governments
and the involvement of the Federal Government.”
“In Western Canada, for the last two weeks, we
have been well on our way to recovering. While we are aware that
there is still work ahead of us, export grain, imported
containerized goods, coal, potash, energy products, and other
commodities are moving to markets. We are rebalancing our assets to
service customer sites for loading,” explained 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: |
MediaJonathan AbecassisSenior ManagerMedia
Relations(514) 399-7956 |
Investment CommunityPaul
ButcherVice-PresidentInvestor Relations(514) 399-0052 |
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