Core Insights - Canadian National Railway (CNI) achieved a record grain movement of over 2.82 million metric tonnes in December 2025, surpassing the previous record set in December 2020 by 80,000 metric tonnes [1] - For the year 2025, CNI transported more than 31.3 million metric tonnes of grain in Western Canada, exceeding the previous record of 30.9 million metric tonnes from 2020 [2] - Across Canada, CNI's total grain transportation reached over 32.7 million metric tonnes, surpassing the all-time high of 32.25 million metric tonnes from 2024 [2] Operational Performance - Janet Drysdale, CNI's executive vice-president, highlighted the company's strong execution and collaboration across the grain supply chain, which supported the record grain movement [3] - CNI's operational readiness and commitment to service reliability have been crucial in maintaining efficient grain flow to global markets during the harvest season [3] - The company reported a 6% year-over-year increase in freight revenues from its Grain & Fertilizers segment during the first nine months of 2025 [5] Winter Preparedness - CNI released its 2025-2026 Winter Plan, which includes proactive measures such as enhanced locomotive reliability programs and targeted infrastructure investments to minimize weather-related disruptions [4] - The combination of record grain transportation and winter preparedness reinforces CNI's commitment to providing safe and efficient service throughout the year [4]

Core Insights - Canadian National Railway (CNI) achieved a record grain movement of over 3.28 million metric tonnes from Western Canada in November 2025, surpassing the previous record by 230,000 metric tonnes set in November 2020, marking the third consecutive month of strong grain movement [1][7] Group 1: Operational Performance - The achievement reflects CNI's strong execution capabilities and commitment to efficient grain transportation during the harvest season, emphasizing service reliability and collaboration with customers [2] - CNI's Grain & Fertilizers segment saw a 6% year-over-year increase in freight revenues during the first nine months of 2025 [4] Group 2: Winter Preparedness - CNI released its 2025-2026 Winter Plan, which includes enhanced locomotive reliability programs, strategic resource allocation, and targeted infrastructure investments to minimize weather-related disruptions [3][7] Group 3: Market Position - CNI currently holds a Zacks Rank 3 (Hold), with its share price rising 4% over the past three months, underperforming the Transportation - Rail industry's growth of 6.3% [5]