CN expands its North American intermodal supply chain services with the acquisition of TransX
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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US:NYSE Investor Relations:
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Source: GlobeNewswire
MONTREAL and WINNIPEG, Oct. 30, 2018 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced it has reached an agreement to acquire Winnipeg-based The TransX Group of Companies, one of Canada’s largest and oldest transportation companies. “This strategic acquisition allows CN to deepen its supply chain focus, strengthening our exceptional franchise, including our intermodal business, notably the specialized, fast-growing refrigerated segment,” said JJ Ruest, president and chief executive officer of CN. “TransX has a 55-year history of providing innovative customer solutions in an industry that continues to evolve. “This alignment creates a solid framework to serve a growing consumer economy with transportation options that bring more supply chain flexibility to our customers,” Ruest concluded. Mike Jones, chief operating officer of The TransX Group of Companies, added, “CN’s acquisition solidifies our future as an industry-leading intermodal services provider in North Ameri
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CNI
Earnings
- 7/23/24 - Beat
CNI
Sec Filings
- 9/17/24 - Form SUPPL
- 9/17/24 - Form 6-K
- 9/16/24 - Form FWP
- CNI's page on the SEC website