Canadian railway CN and shareholder TCI Fund Management are publicly squabbling about who should run the company as CN sets a March meeting date to address TCI’s board candidate picks.
Major CN shareholder TCI Fund Management wants CN’s board to have more operational experience. The company is also still pushing for the removal of CN’s current CEO.
NATSO and other retail fuels industry trade groups urge states not to join the Transportation Climate Initiative Program.
As a major shareholder of CN and CP, TCI Fund Management has submitted proposals for climate action. TCI also requested shareholder votes on climate plans at yearly meetings.
