Canada’s railways face a bleak year as COVID-19 weighs on shipments [Toronto Globe and Mail (Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Toronto Globe and Mail
Canada’s railways face a bleak year as COVID-19 weighs on shipments CN Rail locomotives are seen in Montreal on Feb. 23, 2015. Ryan Remiorz/The Canadian Press CN Rail locomotives are seen in Montreal on Feb. 23, 2015. Canada’s two main railways face a bleak year ahead as a looming recession weighs on freight volumes. Carloads fell more than 17 per cent year-over-year last week, part of a growing decline in shipments since the start of the year and accelerated by the COVID-19 pandemic. National Bank analyst Cameron Doerksen expects volumes at Canadian National Railway Co. and Canadian Pacific Railway Ltd. will drop “significantly” in April and “even more” in May as industrial supply chains remain shut down and retail severely curtailed. Container traffic and automotive shipments have been particularly hard hit after Asian and North American production hubs went into lockdown due to the novel coronavirus. Nonetheless, CN and CP remain fully operational with stock prices roughly 15 pe
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CNI
Earnings
- 10/31/25 - Beat
CNI
Sec Filings
- 11/7/25 - Form SUPPL
- 11/7/25 - Form 6-K
- 11/6/25 - Form FWP
- CNI's page on the SEC website