CN appoints former LOGISTEC CEO Madeleine Paquin to board of directors

MONTREAL - Canadian National Railway (TSX:CNR) (NYSE:CNI), a $59 billion market cap transportation giant with impressive gross profit margins of 55%, announced Thursday the appointment of Madeleine Paquin to its Board of Directors, effective October 29, 2025.

Paquin, 63, served as President and CEO of LOGISTEC Corporation from 1996 to January 2024. During her tenure, LOGISTEC operated in more than 50 ports and over 90 terminals across North America, providing specialized services in the marine and environmental sectors. According to InvestingPro, CN Railway has maintained its position as a prominent player in the Ground Transportation industry, with annual revenue exceeding $12.5 billion.

"Madeleine is an accomplished logistics and supply chain executive with deep, hands-on experience in international trade and shipping," said Shauneen Bruder, Chair of CN’s Board of Directors, in a press release statement.

Paquin currently serves as a director of Air Canada and on the Advisory Board of the Montréal Neurological Institute-Hospital. Her previous board experience includes positions at Sun Life Canada (2001-2005), Canadian Pacific Railway (2001-2013), and Aéroports de Montréal (2002-2011).

A graduate of the Richard Ivey School of Business at the University of Western Ontario and HEC Montréal, Paquin has received numerous recognitions throughout her career, including the Order of Canada. She was inducted into the International Maritime Hall of Fame in 2017 and the Canadian Business Hall of Fame in 2023.

CN operates a nearly 20,000-mile rail network connecting Canada’s Eastern and Western coasts with the U.S. Midwest and Gulf Coast, transporting more than 300 million tons of goods annually. The company currently trades at $94.81 per share and offers a 2.7% dividend yield, having raised its dividend for 29 consecutive years. For deeper insights into CN Railway’s financial health and growth prospects, including 8 additional exclusive ProTips, check out the comprehensive analysis available on InvestingPro.

In other recent news, Canadian National Railway reported second-quarter earnings per share of C$1.87, aligning closely with analyst expectations. Bernstein noted this figure matched their estimate of C$1.85 and the street consensus of C$1.88. Despite meeting expectations, Bernstein lowered its price target for the company to C$149, maintaining a Market Perform rating. Wells Fargo also adjusted its price target to $117, citing challenges such as mix headwinds and increased fuel costs, though it maintained an Overweight rating. Evercore ISI downgraded Canadian National Railway from Outperform to In Line, reducing its price target to $105 due to concerns over lower-than-expected volumes impacting margins. Meanwhile, Benchmark reiterated its Hold rating, acknowledging the earnings per share closely matched their forecast of C$1.88. In addition to financial updates, Canadian National Railway announced enhancements to its firefighting capabilities with new railcars and upgrades to its fleet, aiming to protect rail infrastructure during wildfire season.

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