CP and CN rationing train space to deal with worsening commodity congestion [Toronto Globe and Mail (Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
cn.ca/en/investors
Company Research
Source: Toronto Globe and Mail
CP and CN rationing train space to deal with worsening commodity congestion Canada’s two major railways are rationing space on trains travelling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation into rail services around Port Metro Vancouver, after shippers complained of “discriminatory treatment of certain commodities” by Canadian National Railway and Canadian Pacific Railway. Canada is a top shipper of crops, fertilizer, oil and pulp, but has in recent years needed government intervention to keep commodities moving, from ordering railways to clear grain backlogs to Alberta’s crude-oil curtailments this month owing to full pipelines. Story continues below advertisement Free-trade deals with the European Union and Pacific Nations are boosting demand for commodities, ad
Show less
Read more
Impact Snapshot
Event Time:
CNI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNI alerts
High impacting Canadian National Railway Company news events
Weekly update
A roundup of the hottest topics
CNI
News
- Canadian National (CNI) Q1 Earnings Beat Estimates, Sales Lag [Yahoo! Finance]Yahoo! Finance
- Canadian National Railway First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- CANADA STOCKS-TSX loses winning streak as railroad shares slide [Yahoo! Finance]Yahoo! Finance
- Canadian Pacific girds for potential rail strike next month [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Canadian Pacific girds for potential rail strike next month [BNN Bloomberg (Canada)]BNN Bloomberg
CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 4/5/24 - Form EFFECT
- CNI's page on the SEC website