Canadian National Railway Co

CNR: XTSE (CAN)

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Canadian National Earnings: Intermodal Offsets Soft Industrial End Markets and Tariffs

Matthew Young

Jan 30, 2026

Canadian National's fourth-quarter top line increased 2% year over year on higher intermodal and grain volume. Total yield was flat, likely due to mix, as we suspect that core pricing on carload business remains positive. Consolidated profitability improved on network productivity management.

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Canadian National Railway Co

Canadian National Earnings: Intermodal Offsets Soft Industrial End Markets and Tariffs

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