CN Ends Lock Out and Initiates Recovery Plan
Following Order by Minister ofLabour, CN Resumes Train MovementsMONTREAL, AUG. 22, 2024 (GLOBE NEWSWIRE) .. CN (TSX: CNR) (NYSE: CNl) announced today that effective 18:00 ET it ended its lockout and immediately initiated its recovery plan.
As CN awaits the formal order from the Canada Industrial Relations Board (CiRB), the Company is making this decision to expedite therecovery of the economy.
While CN is satisfied that this labour confict has ended and that it can get back to its role of powering the economy, the Company isdisappointed that a negotiated deal could not be achieved at the bargaining table despite its best efforts.
CN Forward-Looking Statements
Certain statements by CN included in this news release constitute "forwardooking statements" within the meaning of the United StatesPrivate Securities Liligation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-ooking statements involveisks, uncertainties and assumptions, CN cautions that its assumptions may not materialize and that curent economic conditions rendelsuch assumptions, although reasonable at the time they were made, subiect to areater uncertainty, Forward-ooking statements may beidentified by the use of terminology such as "believes, "expects, "anticipates," "assumes, "outlook" "plans, "targets" or other similalWords, Forward-ooking slatements rellect intormalion as of the date on which they ae made, cN assumes no oblgaton to update orrevise forward.looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicablesecuriies laws, in the event CN does update any forwardooking statement,no inference should be made that CN wil make additionalupdates 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 milion tons of nalural resources, manufactured products, and finishedgoods throughout North America every year for its customers. with its nearly 20,000-mile rail network and related transportationservices, CN connects Canada's Eastern and Western coasts with the U.s. Midwest and the Gulf of Mexico, contributing to sustainabletrade and the prosperity of the communities in which it operates since 1919.
CN结束封锁并启动恢复计划
根据劳工部长的命令，国家铁路公司恢复了列车运行
蒙特利尔，奥克兰，2024年(全球新闻)-CN(TSX:CNR)(纽约证券交易所:CNI)今天宣布，自美国东部时间18:00起，它结束了锁定，并立即启动了其恢复计划。
由于CN正在等待加拿大劳资关系委员会(CIRB)的正式命令，本公司作出此决定是为了加快经济复苏。
虽然加拿大国家铁路公司满意地看到，这场劳资纠纷已经结束，它可以重新发挥推动经济发展的作用，但该公司感到失望的是，尽管尽了最大努力，但未能在谈判桌上达成谈判协议。
CN前瞻性声明
CN在本新闻稿中发表的某些声明构成《1995年美国私人证券诉讼改革法案》和加拿大证券法所定义的“前瞻性声明”于其性质，前瞻性声明涉及风险、不确定性和假设。CN警告称，其假设可能不会实现，而且当前经济状况使此类假设(尽管在做出时是合理的)面临更大的不确定性。前瞻性声明可能使用“认为”、“假设”“前景”“预期”、“预测”计划”或其他类似词语来识别。前瞻性声明反映的是作出声明之日的信息。除非适用的证券法有要求，否则中化集团没有义务更新或修改前瞻性声明以反映未来事件、情况变化或信念变化。如果中化集团更新任何前瞻性声明，不应推断中化集团将就该声明、相关事宜或任何其他前瞻性声明作出进一步更新。
CN每年为客户在北美各地安全运输超过3亿吨的自然资源、制成品和成品，从而推动经济发展。凭借其近20，000英里的铁路网和相关的交通服务，CN连接加拿大的东西海岸与美国中西部和墨西哥湾，自1919年以来，为可持续贸易和社区的繁荣作出了贡献。
