From Yahoo Finance: 2025-05-01 19:07:00

Canadian National (NYSE: CNI) reported strong first-quarter earnings despite winter weather impacting train length and demand. CEO Tracy Robinson highlighted 8% earnings growth and an improved operating ratio. CN maintains full-year growth outlook amid trade uncertainty. Quarterly operating income increased to $1.1 billion, with revenue at $3.1 billion. Operating ratio improved to 63.4%. Traffic volume increased 1% by revenue ton-miles but declined 2.2% by carloads and containers. CN faced challenges due to extreme cold and snow in February, reducing train capacity by up to 30%. CN’s operating metrics normalized in March after record Canadian grain handling. Capital budget was reduced by $72 million, and personal injury rate remained flat while the train accident rate increased by 21%.



Read more at Yahoo Finance: CN’s first-quarter earnings grow despite impact of severe weather