Canadian National Railway Co Virtual Fireside Chat Hosted by Bernstein - Commercial and Operational Benefits of CN/KCS Proposal Transcript

May 06, 2021 / 02:00PM GMT
David Scott Vernon - Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Good morning, everyone. My name is David Vernon. I'm with Bernstein. I am pleased to be joined today by J.J. Ruest, CEO of Canadian National; Doug MacDonald, Senior Vice President; and Paul Butcher, Head of Investor Relations. We are going to do a bit of a deep dive fireside chat here on the operational and benefits of the CN/KCS proposal. The focus here is really on kind of what -- how 2 plus 2 becomes 5 when you put these 2 networks together.

We're going to start off with some prepared remarks. I'm going to hand over to Paul to provide the necessary disclosures, then we'll go through the slides. And at the end, we'll do a Q&A. We have the ability to take your questions through a Pigeonhole link if you're a Bernstein client or you can e-mail me directly, and I will try to work that in.

With that, Paul, I'll hand it over to you.

Paul Butcher - Canadian National Railway Company - Vice-President of IR

Well, thank you, David. So before I begin, I'd

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