Canadian National Railway Company · TSX:CNR
Canadian National Railway — BB&T Capital Markets Transportation Conference 2009
13 slides from Canadian National Railway's conference presentation, Feb 12, 2009
Slide 1: BB&T Capital Markets Transportation Conference
BB&T Capital Markets Transportation Conference JAMES M. FOOTE EXECUTIVE VICE-PRESIDENT SALES & MARKETING FEBRUARY 12, 2009
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS The financial results in this presentation were determined on The Company cautions that its assumptions may not the basis of U.S. GAAP. Please refer to the website materialize and that current economic conditions render such www.cn.ca for the reconciliation of certain non-
Slide 3: Full Year Results
Full Year Results millions of Canadian dollars, except EPS data, unless otherwise indicated Change Favorable 2008 2007 (Unfavorable) Revenues $ 8,482 $ 7,897 7% Expenses 5,588 5,021 Operating income 2,894 2,876 1% Interest expense (375) (336) Other income 26 166 Income before income taxes 2,545 2,70
Slide 4: Fourth Quarter Operational Highlights
Fourth Quarter Operational Highlights 7% 13% 4% improvement in improvement improvement in cars per yard in car miles mainline GTM’s per switching hour per day horsepower 4% 12% 22% improvement in improvement improvement in FRA terminal dwell in velocity accident ratio Dynamic and responsive operatin
Slide 5: What it takes to deliver
What it takes to deliver Great Superior North American Business Franchise Model Solid Team of Railroaders Long Term Strategic Full Pipeline of Focus Initiatives
Slide 6: Great North American franchise
Great North American franchise Domestic Canada 24% Global Europe 3% Global Asia 20% Transborder 31% Domestic US 19% BALANCED PORTFOLIO OF BUSINESS Intermodal 19% Forest products 17% Grain and fertilizers 16% Petroleum and chemicals 16% Metals and minerals 11% Global South America 3% Coal 6% Automoti
Slide 7: Superior business model
Superior business model Quality service Low incremental cost Precision Railroading Top line growth Customer value
Slide 8: Full pipeline of top line initiatives
Full pipeline of top line initiatives Canpotex export terminal Natural gas development Prince Rupert Potash mine expansions Record canola Diluent into crop Alberta Positive mix changes for diesel & lubes Machinery and wind towers Expansion of jet fuel facility New iron ore plant Increasing governmen
Slide 9: Full pipeline of productivity initiatives
Full pipeline of productivity initiatives • SmartYard roll-out • Available capacity • Train productivity • Memphis yard re-design • Extended sidings & DP • Locomotive efficiency • Edmonton hump removal • Work block productivity • Car utilization • Kirk yard integration • EJ&E • Fuel productivity Yar
Slide 10: EJ&E Acquisition
EJ&E Acquisition • Completes the network • Drives productivity improvements • Leverages unique 3 coast franchise • Creates shareholder value Step-by-step integration underway
Slide 11: MidAmerica Corridor
MidAmerica Corridor Innovative track sharing initiative Better routes for customers Improves asset utilization Generates new efficiencies Value for customers and shareholders
Slide 12: Long-term strategic focus
Long-term strategic focus Sustain pricing discipline Focus on market share growth Continue to drive productivity Prudent financial management Well positioned to weather the current storm
Slide 13: i DN
i DN www.cn.ca/investors
Canadian National Railway Company — BB&T Capital Markets Transportation Conference 2009 on 6ix