CNR.TO - Canadian National Railway Company

Toronto - Toronto Delayed Price. Currency in CAD
107.82
-0.41 (-0.38%)
At close: 4:00PM EST
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Previous Close108.23
Open109.35
Bid107.50 x 0
Ask108.40 x 0
Day's Range107.69 - 109.43
52 Week Range90.84 - 118.62
Volume994,720
Avg. Volume1,403,138
Market Cap78.525B
Beta (3Y Monthly)1.02
PE Ratio (TTM)13.80
EPS (TTM)7.81
Earnings DateJan 29, 2019
Forward Dividend & Yield1.82 (1.71%)
Ex-Dividend Date2018-12-06
1y Target Est119.89
  • Kansas City Was the Lowest Rail Traffic Volume Gainer in Week 1
    Market Realist16 hours ago

    Kansas City Was the Lowest Rail Traffic Volume Gainer in Week 1

    US Railroads Kick-Start 2019 with Strong Traffic Growth(Continued from Prior Part)Rail trafficKansas City Southern’s (KSU) rail traffic in Week 1 increased 1% YoY to 35,468 railcars from 35,114 railcars. The company’s rail traffic growth rate

  • Strong Carloads Drove Canadian National’s Rail Traffic Higher
    Market Realist2 days ago

    Strong Carloads Drove Canadian National’s Rail Traffic Higher

    US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Canadian National’s rail traffic Canadian National Railway (CNI) reported 9.3% YoY total traffic volume growth in the first week of 2019. The company moved 100,785 railcars compared to 92,235 wagons in Week 1 of 2018. The robust increase in carloads and intermodal units drove the railroad company’s overall rail traffic in Week 52. Canadian National was third in terms of traffic volume growth among all Class I railroad companies (IYT) in the week. Norfolk Southern (NSC) and CSX (CSX) were at the top two spots with YoY gains of 15.8% and 9.9%, respectively. ## Carloads and intermodal traffic Canadian National’s carload traffic grew 12.6% YoY to 60,011. The company remained the fourth-highest carload traffic gainer in Week 52 after Norfolk Southern, CSX, and BNSF Railway’s gains of 24.4%, 18.4%, and 17.5%, respectively. Commodities excluding coal and coke accounted for 89% of Canadian National’s total carloads in Week 1. Coal and coke railcars accounted for the remaining 11% of total carloads. Commodities’ carloads excluding coal and coke grew 13% YoY in Week 1 to 53,461 railcars from 47,290 railcars in Week 1 of 2018. Coal and coke traffic soared 9.2% YoY to 6,550 railcars from 5,997 railcars. Excluding coal and coke, commodities that reported notable volume growth in the week included petroleum, chemicals, grain, automotive, and metals and minerals. The commodity that recorded a YoY decline in Week 1 volumes was forest products. Canadian National’s intermodal units grew 4.7% YoY in Week 1. The company hauled 40,774 containers in the week compared to 38,948 containers in the same week of the previous year. Union Pacific (UNP) posted the highest intermodal traffic growth of 8.8% in the first week of 2019. Next, we’ll discuss Union Pacific’s rail traffic. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 3 - CSX Reported Strong Carload Traffic Growth in Week 1

  • The 3 Best Railroad Stocks to Buy in 2019
    Motley Fool4 days ago

    The 3 Best Railroad Stocks to Buy in 2019

    These railroad stocks are focused on lowering operating ratio, which also holds the key to their success.

  • Norfolk Southern Was Top Traffic Volume Gainer in First Week
    Market Realist4 days ago

    Norfolk Southern Was Top Traffic Volume Gainer in First Week

    Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019. The company posted a 15.8% YoY increase in its rail traffic volumes driven primarily by robust growth in carloads and intermodal units. The Eastern US railroad company carried 126,263 total units compared to 109,066 units in the same week of the previous year.

  • US Railroads Kick-Start 2019 with Strong Traffic Growth
    Market Realist4 days ago

    US Railroads Kick-Start 2019 with Strong Traffic Growth

    Major US railroad companies started 2019 on a strong note, reporting robust freight traffic growth in the first week of the year. US freight rail traffic increased 4.8% in the week that ended on January 5 (Week 1), as per the latest report by the AAR (Association of American Railroads), which came out on January 9.

  • GlobeNewswire6 days ago

    CN to report fourth-quarter and year-end 2018 financial and operating results on Jan. 29, 2019

    MONTREAL, Jan. 10, 2019 -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth-quarter and year-end 2018 financial and operating results on Jan. 29, 2019, at 4.01 p.m. Eastern Time.

  • Markit7 days ago

    See what the IHS Markit Score report has to say about Canadian National Railway Co.

    # Canadian National Railway Co ### NYSE:CNI View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for CNI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNI. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding CNI is favorable, with net inflows of $9.17 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CNI credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Kansas City: Lowest Rail Traffic Volume Gainer in Week 52
    Market Realist7 days ago

    Kansas City: Lowest Rail Traffic Volume Gainer in Week 52

    In Week 52, Kansas City Southern (KSU) reported 0.3% YoY (year-over-year) total traffic volume growth. Its growth rate for the week was the lowest among all Class I railroad companies (IYT). The company moved 34,934 railcars compared to 34,827 railcars in Week 52 of 2017.

  • Strong Intermodal Growth Drove Union Pacific’s Rail Traffic Higher
    Market Realist8 days ago

    Strong Intermodal Growth Drove Union Pacific’s Rail Traffic Higher

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 (Continued from Prior Part) ## Intermodal traffic increased Rail traffic volumes for Union Pacific (UNP) rose 5.6% YoY to 133,086 units in Week 52 driven mainly by strong growth in intermodal units. In 2018, the company recorded a 3.6% YoY increase in railcar traffic. Its rail traffic gain was 0.1% lower than US railroad (XTN) companies’ overall 3.7% gain during the same period. In Week 52, Union Pacific’s intermodal traffic increased 7.3% YoY to 55,338 containers and trailers from 51,576 units in the same period of the previous year. The company carried 52,702 containers in the week compared to 48,787 containers in the same week in 2017. However, the railroad company’s trailer volumes contracted 5.5% YoY to 2,636 units compared to 2,789 units in Week 52 of 2017. Union Pacific’s intermodal volume gain was the third highest among all Class I railroad companies. Canadian National (CNI) topped its peers with growth of 9.6% followed by Norfolk Southern’s (NSC) 8.4% growth in Week 52. BNSF Railway was the only Class I railroad company to report a decline in its intermodal traffic, which fell 3.4%. ## Carload traffic Union Pacific reported a 4.4% YoY increase in its carload traffic in Week 52. The company hauled 77,748 railcars excluding intermodal units compared to 74,494 in the same period last year. Commodity groups excluding coal and coke posted a 5.5% YoY increase in traffic to 57,894 railcars from 54,870 railcars. Coal and coke traffic inched up 1.2% YoY in Week 52 to 19,854 carloads from 19,624 carloads in the same week of 2017. The commodity groups excluding coal and coke that reported notable volume growth in Week 52 included petroleum products, chemicals, metal products, and metallic ores. The commodity groups other than coal and coke that recorded YoY falls in volumes in Week 52 were nonmetallic minerals, forest products, and motor vehicles and equipment. Kansas City Southern (KSU) was the only Class I railroad company that reported a YoY fall in carload traffic in Week 52. The company’s carload traffic inched down 0.9%. Next, we’ll discuss Kansas City Southern’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Rail Traffic Saw Impressive Growth in the Last Week of 2018 * Part 2 - Canadian National Railway Was the Top Volume Gainer in Week 52 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic

  • Union Pacific Shares Rose: Jim Vena Named as the New COO
    Market Realist8 days ago

    Union Pacific Shares Rose: Jim Vena Named as the New COO

    Union Pacific Shares Rose: Jim Vena Named as the New COO ## Shares soared Union Pacific (UNP) shares were trading ~8% higher during pre-market trading on January 8 after the company named railroad industry veteran Jim Vena as its new executive vice president and COO. Vena will return to the industry after retiring in June 2016. Apart from handling daily operations, Vena will lead Union Pacific’s ambitious “Unified Plan 2020” announced in October. Under the plan, the company intends to reduce its operating ratio 60% by 2020 and 55% in the long run. For the third quarter, the company reported an operating ratio of 61.7%—flat compared to the same quarter the previous year. Lance Fritz, Union Pacific’s chairman, president, and CEO, said, “Unified Plan 2020 combines precision scheduled railroading principles with our own UP Way tools and best practices.” The precision scheduled railroading principles help railroad companies reduce network complexity and improve operational efficiency. Canadian Pacific Railway (CP) and CSX (CSX) have implemented the same principle, which helped them improve their operating ratios. ## Vena’s milestones Vena is well known in the industry. He was Canadian National Railway’s (CNI) executive vice president and COO for more than four decades. During his tenure at Canadian National Railway, the company had the best safety incident ratio in its history and the best operating ratio (operating expenses as a percentage of revenues) in the North American rail industry (IYT). Union Pacific hopes that Vena will help the company achieve its ambitious long-term targets in the “Unified Plan 2020.” On Vena’s appointment, Fritz said, “We have been making excellent strides rolling out Unified Plan 2020, and Jim’s vast knowledge of the precision scheduled railroading model brings significant experience and expertise that will enhance the work already underway.”

  • Strong Carload Growth Drove CSX’s Rail Traffic Higher
    Market Realist8 days ago

    Strong Carload Growth Drove CSX’s Rail Traffic Higher

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 (Continued from Prior Part) ## Strong carload traffic growth CSX’s (CSX) freight rail traffic increased 6.2% YoY (year-over-year) to 96,466 units in Week 52 due to strong growth in its carloads. The company posted 10% YoY carload traffic growth in Week 52. CSX moved 55,545 railcars excluding intermodal units in the week compared to 50,476 railcars in Week 52 of 2017. Compared to US rail carriers’ overall 8.5% carload gains, CSX’s carload traffic saw much higher gains during the week. The railroad company’s commodity group carloads except coal and coke accounted for 79% of its total carload traffic in Week 52. CSX’s coal and coke traffic made up the remaining 21% of its total carloads. The traffic of commodity groups excluding coal and coke grew 16% YoY in Week 52 to 40,921 railcars from 40,344 railcars. However, coal and coke traffic fell 7.5% YoY to 11,895 units from 12,857 units. The commodity groups excluding coal and coke that reported notable volume growth in Week 52 included farm products, grain, petroleum and petroleum products, iron and steel scrap, metal products, metallic ores, and motor vehicles and parts. The commodity group other than coal and coke that recorded a YoY fall in volumes in Week 52 was nonmetallic minerals. ## Intermodal units CSX’s intermodal traffic growth was the second lowest among Class I railroad companies in the period. In Week 52, the company’s intermodal traffic grew 1.4% YoY to 40,921 units from 40,344 units in Week 52 of 2017. CSX’s container traffic inched up 1.1% YoY to 39,113 units in Week 52 from 38,691 units in Week 52 of 2017. CSX’s trailer volumes grew 9.4% YoY to 1,808 units from 1,653 units. In 2018, CSX’s intermodal traffic growth was 2.2% YoY, much lower than US railroad companies’ 5.5% YoY gain during the same period. The company’s YoY intermodal traffic gain was the second lowest among all Class I railroad companies (FTXR) during Week 52. Canadian National (CNI), Norfolk Southern (NSC), and Union Pacific (UNP) came in first, second, and third with intermodal volume gains of 9.6%, 8.4%, and 7.3%, respectively. BNSF Railway was the only Class I railroad company that registered a YoY fall in intermodal units. The largest freight railroad company reported a 3.4% YoY fall in intermodal traffic. Next, we’ll discuss Union Pacific’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Rail Traffic Saw Impressive Growth in the Last Week of 2018 * Part 2 - Canadian National Railway Was the Top Volume Gainer in Week 52 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic

  • Union Pacific Rose 6.6% in After-Market Trading on January 7
    Market Realist8 days ago

    Union Pacific Rose 6.6% in After-Market Trading on January 7

    Union Pacific Rose 6.6% in After-Market Trading on January 7 ## Union Pacific’s stock movement Union Pacific (UNP) is the largest Class I railroad in the United States by revenues. On January 7, the company’s shares rose 6.7% in after-market trading and touched $147.75. Union Pacific stock closed at $138.65 on January 7—marginally up 0.62% from its closing price of $137.79 on January 4. The euphoria in the stock was driven by the announcement of railroad industry veteran Jim Vena as Union Pacific’s COO—effective January 14. Investors should recall that Union Pacific hopped on the Precision Scheduled Railroading model in the fourth quarter. Market Realist thinks that Union Pacific will be the most watched railroad in 2019. ## Union Pacific’s new model Vena, who retired in June 2016, was Canadian National Railway’s (CNI) executive vice president and COO. He has a strong 40-year career at the railroad. Vena is seen as a disciple of famed railroader E. Hunter Harrison. Harrison is responsible for Precision Scheduled Railroading in North America. Vena will be responsible for the operational-related aspects at Union Pacific. He will be spearheading the railroad’s Unified Plan 2020, which was announced in October. Vena will report to Lance Fritz—Union Pacific’s chairman, president, and CEO. Regarding the announcement, Fritz said, “Unified Plan 2020 combines precision scheduled railroading principles with our own UP Way tools and best practices.” He also said, “We have been making excellent strides rolling out Unified Plan 2020, and Jim’s vast knowledge of the precision scheduled railroading model brings significant experience and expertise that will enhance the work already underway.” During Vena’s term at Canadian National Railroad, the company had the North American rail industry’s best operating ratio along with the best safety incident ratio in the company’s history. The US Class I railroad industry (XTN) has witnessed heavy cost-cutting in recent years. Union Pacific joins the fray along with Canadian National Railway, Canadian Pacific Railroad (CP), and CSX (CSX) which have been running their operations on the Precision Scheduled Railroading technique.

  • The Uptrend in Norfolk’s Rail Traffic Continued in Week 52
    Market Realist8 days ago

    The Uptrend in Norfolk’s Rail Traffic Continued in Week 52

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 (Continued from Prior Part) ## Rail traffic volumes Norfolk Southern (NSC) reported an 11% YoY increase in its rail traffic volumes in Week 52 driven primarily by robust growth in carloads and intermodal units. The Eastern US railroad company hauled 115,612 total units compared to 104,135 units in the same week of the previous year. Moreover, Norfolk Southern’s rail traffic growth in Week 52 was significantly higher than the overall 5.1% gain registered by US railroad companies. In 2018, Norfolk Southern’s rail traffic volumes increased 4% YoY, which was higher than the 3.7% YoY increase reported by US railroad companies during the same period. ## Carloads increased The company’s carload traffic grew for the third consecutive week. Norfolk Southern’s carload traffic made a remarkable turnaround in Week 50 after reporting falls for five consecutive weeks. In Week 52, the Eastern US railroad company’s carload traffic grew 14.2% YoY, making it the fourth-highest gainer among Class I railroad companies (FXR). BNSF Railway, Canadian Pacific (CP), and Canadian National (CNI) held the first three spots with respective carload traffic gains of 17.5%, 17%, and 16.5%, respectively. Norfolk Southern carried 53,862 railcars in Week 52 compared to 47,161 in the same period of the previous year. Kansas City Southern (KSU) was the only company that registered a decline in carload traffic in Week 52. Norfolk Southern’s commodity groups excluding coal and coke accounted for 72% of its Week 52 total carload traffic. Coal and coke traffic contributed 28% of the company’s total carloads. Commodity group traffic excluding coal and coke increased 12.9% YoY to 38,648 units from 34,231 units. Coal and coke volumes grew 17.7% YoY to 15,214 units in Week 52 from 12,930 units. The commodity groups excluding coal and coke that experienced notable volume growth in Week 52 included grain, motor vehicles and equipment, chemicals, petroleum products, and iron and steel scrap. The commodity groups that recorded YoY falls in Week 52 volumes were forest products, pulp, paper, stone, and clay. ## Intermodal volumes Norfolk Southern’s intermodal traffic grew 8.4% YoY in Week 52 to 61,750 containers and trailers compared to 56,974 units in the previous year. The company’s container traffic expanded 10% YoY to 56,966 units from 51,793 units. However, its trailer volumes decreased 7.7% YoY to 4,784 units from 5,181 units in Week 52 of 2017. Among Class I railroad companies, Norfolk Southern’s intermodal traffic growth was the second highest after Canadian National’s gain of 9.6% in Week 52. Next, we’ll discuss CSX’s rail traffic trends. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Rail Traffic Saw Impressive Growth in the Last Week of 2018 * Part 2 - Canadian National Railway Was the Top Volume Gainer in Week 52 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic

  • Canadian National Railway Was the Top Volume Gainer in Week 52
    Market Realist8 days ago

    Canadian National Railway Was the Top Volume Gainer in Week 52

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 (Continued from Prior Part) ## Canadian National’s rail traffic Canadian National Railway (CNI) reported 13.5% YoY total traffic volume growth in the last week of 2018. The railroad company carried 96,690 railcars compared to 85,200 railcars in Week 52 of 2017. Canada’s largest freight company was first in terms of traffic volume growth among all Class I railroad companies in the week. The company’s rival Canadian Pacific (CP) was the second-highest volume gainer, registering 12.3% YoY growth in rail traffic in the same period. For 2018, Canadian National’s rail traffic grew 4% YoY to ~6 million. The company’s traffic growth was significantly higher than US railroad companies’ (XLI) overall 3.7% gain as well as Canadian rail carriers’ 4% gain during the same period. ## Carloads and intermodal traffic Strong growth in carload and intermodal units drove Canadian National’s overall rail traffic in Week 52. The company’s carload traffic increased 16.5% YoY to 56,194. The company remained the third-highest carload traffic gainer in Week 52 after BNSF Railway’s and Canadian Pacific’s gains of 17.5% and 17%, respectively. Commodity groups excluding coal and coke accounted for 88% of Canadian National’s total carloads in Week 52. Coal and coke railcars accounted for 12% of total carloads. Commodity groups’ carloads excluding coal and coke grew 12.6% YoY in Week 52 to 49,504 railcars from 43,983 railcars in Week 52 of 2017. Coal and coke traffic expanded 57.3% YoY to 6,690 railcars from 4,254 railcars. The commodity groups excluding coal and coke that reported notable volume growth in Week 52 included chemicals, petroleum, automotive, and grain. The commodity groups that recorded YoY declines in Week 52 volumes included forest products, metals, and minerals. Canadian National’s intermodal volumes grew 9.6% YoY in Week 52, the highest among all Class I railroad companies. Norfolk Southern (NSC) and Union Pacific (UNP) were in second and third places with YoY gains of 8.4% and 7.3%, respectively, in their intermodal units. Canadian National hauled 40,496 containers in the week compared to 36,963 containers in the same week of the previous year. Next, we’ll discuss Canadian Pacific’s rail traffic. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Rail Traffic Saw Impressive Growth in the Last Week of 2018 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic * Part 4 - The Uptrend in Norfolk’s Rail Traffic Continued in Week 52

  • US Rail Traffic Saw Impressive Growth in the Last Week of 2018
    Market Realist9 days ago

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 ## US rail traffic Major US railroad companies ended 2018 on a strong note, reporting robust freight traffic growth in the last week of the year. US freight rail traffic grew 5.1% in the week that ended on December 29 (Week 52), according to the latest report by the AAR (Association of American Railroads), which came out on January 3. The AAR compiles weekly rail data received from 12 major US, Mexican, and Canadian railroad companies. The weekly rail traffic figures are reported under two categories: carload traffic and intermodal units. During the week, railroad companies hauled 411,676 railcars. Carload traffic grew 8.5% YoY (year-over-year) to 210,333 units from 193,855 units. Intermodal traffic grew 1.8% YoY to 201,343 units from 197,783 units. Eight out of ten carload commodity groups reported increases in Week 52 compared to Week 52 in 2017. These commodity groups included grain, petroleum and petroleum products, and coal carloads. The commodity groups that fell compared to the same week in 2017 included forest products and miscellaneous carloads. For the 12 months of 2018, US railroad companies reported cumulative volumes of more than 13.6 million carloads—up 1.8% from the same period of the previous year. Intermodal units totaled 14.5 million containers and trailers, up 5.5% from the previous year. Combined US traffic for 2018 increased 3.7% YoY to more than 28.1 million carloads and intermodal units compared to the previous year. ## Canadian and Mexican railcar traffic Canadian railroad companies reported 18% YoY growth in carload traffic to 71,380 units in Week 52. Intermodal traffic rose 9% YoY to 53,354 containers and trailers. For the 12 months of 2018, Canadian railroad companies posted cumulative rail traffic growth of 4% YoY, which amounted to 7.9 million carloads, containers, and trailers. The downtrend in Mexican railroad companies continued in Week 52. These companies carried 14,834 carloads, down 10.8% YoY, and 12,881 intermodal units, down 8.2% YoY, in Week 52. The cumulative traffic for the year was ~2 million carloads, intermodal containers, and trailers. ## Top gainers and losers In Week 52, all major Class I railroad companies (IYT) registered YoY growth in their rail traffic. Two Canadian railroad companies, Canadian National Railway (CNI) and Canadian Pacific Railway (CP), topped the list with YoY rail traffic gains of 13.5% and 12.3%, respectively. Norfolk Southern (NSC), BNSF Railway, CSX (CSX), Union Pacific (UNP), and Kansas City Southern (KSU) followed with YoY gains of 11%, 6.8%, 6.2%, 5.6%, and 0.3%, respectively. Next, we’ll discuss Canadian National’s rail traffic. Continue to Next Part Browse this series on Market Realist: * Part 2 - Canadian National Railway Was the Top Volume Gainer in Week 52 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic * Part 4 - The Uptrend in Norfolk’s Rail Traffic Continued in Week 52

  • Canadian Pacific: Lowest Rail Traffic Volume Gainer in Week 51
    Market Realist14 days ago

    Canadian Pacific: Lowest Rail Traffic Volume Gainer in Week 51

    US Rail Freight Traffic Grew 4.2% in Week 51(Continued from Prior Part)Canadian Pacific’s rail traffic In week 51, Canadian Pacific Railway (CP) reported 0.1% YoY (year-over-year) total traffic volume growth—the lowest among all of the Class I railroad companies.

  • 3 Top Stocks That Aren't on Wall Street's Radar
    Motley Fool15 days ago

    3 Top Stocks That Aren't on Wall Street's Radar

    MariMed, Canadian National Railway, and ShotSpotter are all flying below analysts' radar.

  • Kansas City Southern’s Rail Traffic Rebounded in Week 51
    Market Realist15 days ago

    Kansas City Southern’s Rail Traffic Rebounded in Week 51

    After reporting the slowest rail traffic growth of 1.6% among all of the Class I railroad companies in week 50, Kansas City Southern (KSU) made a remarkable turnaround. Kansas City Southern’s total rail traffic increased 7.2% YoY (year-over-year) in week 51 to 46,940 units from 43,790 units in the same week last year. The company registered strong YoY growth in carload and intermodal traffic.

  • US Rail Freight Traffic Grew 4.2% in Week 51
    Market Realist15 days ago

    US Rail Freight Traffic Grew 4.2% in Week 51

    The US rail traffic growth trend continued with a 4.2% increase in carloads and intermodal units in the week ending on December 22 (week 51), according to the latest report by the AAR (Association of American Railroads) released on December 27. The AAR receives weekly rail data from 12 major US, Mexican, and Canadian railroad companies. The weekly rail traffic figures are divided into carload traffic and intermodal units.

  • Reuters20 days ago

    PRESS DIGEST- Canada- Dec 27

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canada's largest railway expects ...

  • Bloomberg20 days ago

    No Grain in the Rain as Vancouver Export Ships Unable to Load

    In Canada’s wettest major city, the practice of loading ocean-bound vessels with grain in rainy weather has been halted since January amid safety concerns for marine crews. “Vancouver terminals are generally operating on and off as the rain keeps starting and stopping,” said Wade Sobkowich, executive director of the Western Grain Elevator Association, which represents the nation’s grain shippers, including Richardson International, Cargill and Viterra, Glencore Plc’s Canadian grain unit. November through January is the rainiest period of the year in Vancouver and there’s a chance this winter could be warmer and wetter than normal if El Nino conditions develop, said Matt MacDonald, a warning preparedness meteorologist with Environment Canada.

  • Canadian National’s Carloads and Intermodal Grew in Week 50
    Market Realist22 days ago

    Canadian National’s Carloads and Intermodal Grew in Week 50

    US Rail Freight Traffic Growth Trend Continues in Week 50(Continued from Prior Part)CNI’s rail traffic Canadian National Railway (CNI) reported 3.4% YoY total traffic volume growth in week 50. It moved 118,217 carloads compared to 114,329 carloads in week 50 of 2017.

  • US Rail Freight Traffic Growth Trend Continues in Week 50
    Market Realist22 days ago

    US Rail Freight Traffic Growth Trend Continues in Week 50

    US Rail Freight Traffic Growth Trend Continues in Week 50US rail traffic The US rail traffic growth trend continued with a 3.9% increase in carloads and intermodal units in the week ending on December 15 (week 50), according to the latest report by the AAR (Association of American Railroads) released on December 19.

  • GlobeNewswire25 days ago

    CN achieves PTC milestones before year-end deadline

    HOMEWOOD, Ill., Dec. 21, 2018 -- CN (TSX: CNR) (NYSE: CNI) said today it has met all Dec. 31, 2018 milestones in its positive train control (PTC) implementation plan and.

  • CN Rail Sees Potential '19 Freight High on Oil, Grain
    Bloomberg26 days ago

    CN Rail Sees Potential '19 Freight High on Oil, Grain

    “All in, 2019 has the potential to be a record year’’ for the company’s freight volumes, Chief Executive Officer Jean-Jacques Ruest said Thursday. Canada’s biggest railroad is reaping the benefits of record 2018 investment of C$3.5 billion ($2.6 billion) spearheaded by Ruest, who took over in March after the carrier’s inability to cope with higher-than-expected demand drew public rebukes from customers. To boost capacity, Canadian National hired hundreds of train conductors, bought equipment such as boxcars and locomotives and built miles of track.