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Canadian National Railway
As of May 30, 2026 at 12:32 UTC
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About Canadian National Railway
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
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Latest News
5 articlesThe Surface Transportation Board has frozen its review of Union Pacific and Norfolk Southern's proposed merger, ordering them to provide substantial additional information. The STB found the amended application lacks clarity, contains unresolved competitive harms, and inadequate analyses. CN commends the decision, arguing the applicants have failed to meet rigorous merger standards and that the deal would concentrate approximately 40% of U.S. freight rail traffic in one company.
Canadian National Railway (CN) filed comments with the Surface Transportation Board (STB) opposing the amended merger application between Union Pacific (UP) and Norfolk Southern (NS), arguing it remains incomplete and fails to meet regulatory requirements. CN contends the application addresses only one of three deficiencies identified by the Board, lacks meaningful competitive enhancements, and proposes an insufficient Committed Gateway Pricing program that would harm more shippers than help.
Canadian National Railway (CN) announced a public debt offering of $750 million USD, consisting of $300 million in notes due 2029 at 4.350% and $450 million in notes due 2036 at 4.950%. The offering is expected to close on May 12, 2026, with proceeds intended for general corporate purposes including commercial paper repayment.
Canadian National Railway (CN) announced a public debt offering of US$750 million, comprised of US$300 million of 4.350% Notes due 2029 and US$450 million of 4.950% Notes due 2036. The offering is expected to close on May 12, 2026, with net proceeds to be used for general corporate purposes including commercial paper repayment. J.P. Morgan Securities, RBC Capital Markets, and SMBC Nikko Securities are serving as joint bookrunners.
Canadian National Railway (CNI) announced that its Board of Directors has approved a second-quarter 2026 dividend of C$0.9150 per common share, payable on June 30, 2026, to shareholders of record as of June 9, 2026.