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CN and TFI International Reach Framework Agreement to Create Best in Class Intermodal Service

MONTREAL, March 23, 2017 — CN (TSX: CNR) (NYSE: CNI) and TFI International, Inc. (formerly TransForce Inc.) (TSX: TFII; OTCQX: TFIFF) today announced a renewed collaboration to grow domestic intermodal business in markets across Canada.

The renewed long-term partnership aligns Canada’s largest railroad, with its transcontinental rail network that reaches the Pacific, Atlantic and Gulf coasts, and Canada’s largest trucking company and logistics leader, with a range of services, including truckload, less-than-truckload and package and courier.

“Over the last five years, TFI International has grown its operating divisions’ presence in the domestic intermodal market and its companies have a combined 100 years of collaboration with CN,” said JJ Ruest, CN executive vice-president and chief marketing officer. “We believe our expanding partnership will help both our organizations provide more consistent, reliable service for our shared and growing customer base.”

Said Alain Bédard, TFI International Chairman, President and Chief Executive Officer, “We are very pleased to have this productive partnership in place with a superior supply chain partner which will ensure best-in-class service for our valued customers. This agreement is in line with TFI’s stated objective to grow its intermodal presence in Canada.”

ABOUT CN
CN is a true backbone of the economy, transporting more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America. CN – Canadian National Railway Company, along with its operating railway subsidiaries — serves the cities and ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company’s website at www.cn.ca.