|
Canadian National Annual Report 1999 What if CN 108 pages
Canadian National 1999 Annual Report What ifCN 108 pages
pages 108
Contents
2 Chairmans message
3 Message from Paul M. Tellier
6 Message from E Hunter Harrison
10 The CN Service plan
14 Productivity, Performance and Confidence
18 Organized for growth
20 CN at a glance
21 Community service
22 Presidents Awards for Excellence
23Financial Section (U.S. GAAP)
61 Financial Section (Canadian GAAP)
99 The CN Pension Plan and the CN 1935 Pension Plan
107 Board of Directors
108 Offices of the Company
109 Shareholder and investor information
Dear fellow shareholders: Our business continues to grow and undergo significant change - it is an exciting time for CN. The implementation of the merger with Illinois Central was a highlight of our 1999 performance. The smooth integration of the two companies is a tribute to the careful preparation and hard work of employees at both CN and Illinois Central.
We are very pleased with the results we have seen since the merger was approved. Our shippers continue to benefit from the excellent operational improvements at CN, and we are confident that these improvements will continue to increase over the next few years.
Clearly the announcement on December 20, 1999 of the Canadian National/ Burlington Northern Santa Fe combination agreement is the most exciting development in the history of freight railroading. The joining together of two of the world's most efficient railroads will certainly be good for our customers, our employees and our shareholders.
The Board appreciates the outstanding efforts of Paul Tellier, Hunter Harrison and all of CN's senior officers. Our employees right across the system have delivered on their commitments to make it our best year ever. CN's record operating results stand as a testimony to the skills and dedication of our people.
I welcome Hunter Harrison as a new member of our Board, and I acknowledge the total commitment and dedication of all members of the CN Board. I am proud of the fact that all of our directors are substantial shareholders of the Company, which closely aligns their interests with your interests. Nineteen ninety-nine represents the completion of my fifth year as Chairman - it has been a truly enriching experience.
We acknowledge the support of our shareholders. We could not have grown into North America's most efficient railroad without your continued endorsement.
We look forward with you to the exciting developments ahead.
All pictures are of the actual item. If this is a railroad item, this material is obsolete and no longer in use by the railroad. Please email with questions. Publishers of Train Shed Cyclopedias and Stephans Railroad Directories. Large inventory of railroad books and magazines. Thank you for buying from us.
Shipping charges
Postage rates quoted are for shipments to the US only. Ebay Global shipping charges are shown. These items are shipped to Kentucky and then ebay ships them to you. Ebay collects the shipping and customs / import fees. For direct postage rates to these countries, send me an email. Shipping to Canada and other countries varies by weight.
Payment options
Payment must be received within 10 days. Paypal is accepted.
Terms and conditions
All sales are final. Returns accepted if item is not as described. Contact us first. No warranty is stated or implied. Please e-mail us with any questions before bidding.
Thanks for looking at our items.
|