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CNR:CC - Canadian National Railway Company (CNI) Q1 2024 Earnings Call Transcript

2024-04-23 20:22:10 ET

Canadian National Railway Company (CNI)

Q1 2024 Earnings Conference Call

April 23, 2024 04:30 PM ET

Company Participants

Tracy Robinson - President & CEO

Stacy Alderson - Assistant VP, IR

Patrick Whitehead - EVP & Chief Network Operating Officer

Derek Taylor - EVP & Chief Field Operations Officer

Doug MacDonald - EVP & Chief Marketing Officer

Ghislain Houle - EVP & CFO

Conference Call Participants

Steve Hansen - Raymond James

Fadi Chamoun - BMO Capital Markets

Kenneth Hoexter - Bank of America

Cherilyn Radbourne - TD Cowen

Ravi Shanker - Morgan Stanley

Benoit Poirier - Desjardins Bank

Konark Gupta - Scotiabank

David Vernon - Bernstein

Walter Spracklin - RBC Capital Markets

Kevin Chiang - CIBC

Scott Group - Wolfe Research

Thomas Wadewitz - UBS

David Zazula - Barclays

Jonathan Chappell - Evercore ISI

Brian Ossenbeck - JPMorgan

Justin Long - Stephens

Presentation

Operator

Good afternoon. My name is Julianne, and I will be your operator today. All participants are now in a listen-only mode.

At this time, I would like to turn the call over to Tracy Robinson, CN's President and Chief Executive Officer. Ladies and gentlemen, Ms. Robinson.

Tracy Robinson

Thank you, Julianne, and good afternoon, everyone. We're here in Memphis today. We've had our Board meetings over the past two days and have had an opportunity to spend some time visiting our local facilities. Now we did a pre-recording of our prepared remarks over the weekend. But before we play those remarks, we received some very sad news today about the loss of one of our engineering employees.

Early this morning, there was a motor vehicle accident in British Columbia. A semi-truck collated with the CN engineering vehicle with two employees on board. We are deeply saddened that one of our CN family. [indiscernible] suffered fatal injuries as a result of the accident and died at the scene. The other employee traveling in the truck was taken to the hospital with critical injuries.

I understand he's now in critical, but stable condition. Our prayers are with him and his family. The second group of CN employees is traveling behind the first vehicle was the first on the scene to respond. They showed a tremendous courage and compassion in a critical situation, a very tragic and painful loss for all of us at CN and our hearts go out to [indiscernible] family.

Before we move on to the business today, I want to remind all CN employees and everyone listening in today to take care of yourself and those around you, stay safe. So operator, could you please start the pre-recording with Stacy Alderson, our Head of Investor Relations.

Stacy Alderson

[Foreign Language] Good afternoon, everyone, and thank you for joining us on CN's first quarter 2024 financial and operating results conference call....

For further details see:

Canadian National Railway Company (CNI) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Canadian National Railway Company
Stock Symbol: CNR:CC
Market: TSXC

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