Zacks Investment Research
03 Jun 2026, 18:41 UTC · 2h ago
Canadian National Achieves Robust Grain Performance Record in May
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Zacks Investment Research
03 Jun 2026, 18:41 UTC · 2h ago
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Story key points
3 claims · impact-rated
Canadian National Railway (CNI) set a new record for grain movement in May 2026, transporting over 2.96 million metric tonnes. — Record-breaking volumes indicate strong demand and operational efficiency, which typically correlates with higher short-term revenue.
+0.40CNI's freight revenues in the grain and fertilizers segment grew 10% year-over-year in the first quarter of 2026. — Consistent revenue growth in a core segment suggests a positive trend in pricing power or volume growth.
+0.30CNI currently maintains a Zacks Rank #3 (Hold). — A 'Hold' rating is neutral and suggests the stock is currently priced fairly relative to its prospects.
+0.00Ticker attribution
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6 related stories
The company set a new record for grain movement in May 2026 and showed strong revenue growth in its Grain & Fertilizers segment.
[mutual] Both companies are identified as entities within the Zacks Transportation sector.
[mutual] Both companies are identified as entities within the Zacks Transportation sector.
[mutual] Both companies are identified as entities within the Zacks Transportation sector.
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