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Canadian National Achieves Robust Grain Performance Record in April
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Key Takeaways
CNI set an April 2026 grain haul record, moving 3.20M metric tonnes from Western Canada.
CNI cites export demand, grain availability and efficient ops across export corridors in Canada and the U.S.
Canadian National's grain & fertilizers freight revenue rose 7% in 2025 and 10% year over year in Q1 2026.
Canadian National Railway (CNI - Free Report) set a new record for grain movement in April 2026. The company has transported 3.20 million metric tonnes of grain from Western Canada in April 2026, marking its eighth month of solid performance for this crop year, with seven months being new monthly records.
Consistent export demand, grain availability and Canadian National’s efficient operations across both export corridors and within Canada and the United States are allowing the railroad company to achieve its notable volume pace.
CNI’s focus on steady, persistent services to support the agricultural supply chain should help farmers across Western Canada as they gear up to enter the seeding season. The company remains focused on maintaining supply chain balance while trying to meet ongoing demand and position itself for the upcoming crop year.
The aforesaid data reflects CNI’s constant efforts to meet increased seasonal demand during peak grain shipping periods, given the encouraging onset of the year. The achievement reflects CNI’s strong execution capabilities and its ongoing commitment to keeping Canadian grain flowing efficiently to global markets during the critical harvest season. The company’s ability to exceed past performance despite supply-chain complexities underscores its focus on service reliability, asset utilization and collaboration with customers. This record movement demonstrates CNI’s operational readiness and its role in supporting Canada’s agricultural economy, a key driver of export growth.
Canadian National has been well served by its Grain & Fertilizers segment. During 2025, freight revenues in grain and fertilizers rose 7% on a year-over-year basis. During first-quarter 2026, freight revenues in grain and fertilizers rose 10% on a year-over-year basis.
Hertz Global has an expected earnings growth rate of 72.20% for the current year. The company has a solid earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters (missed the mark in the remaining two quarters), delivering an average beat of 174.47%. Shares of Hertz Global have lost 6.1% in the past six months.
ZTO has an expected earnings growth rate of 15.15% for the current year. The Zacks Consensus Estimate for ZTO Express’ full-year earnings has been revised upward by 6.1% in the past 60 days. Shares of ZTO Express have gained 32.2% in the past six months.
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Canadian National Achieves Robust Grain Performance Record in April
Key Takeaways
Canadian National Railway (CNI - Free Report) set a new record for grain movement in April 2026. The company has transported 3.20 million metric tonnes of grain from Western Canada in April 2026, marking its eighth month of solid performance for this crop year, with seven months being new monthly records.
Consistent export demand, grain availability and Canadian National’s efficient operations across both export corridors and within Canada and the United States are allowing the railroad company to achieve its notable volume pace.
CNI’s focus on steady, persistent services to support the agricultural supply chain should help farmers across Western Canada as they gear up to enter the seeding season. The company remains focused on maintaining supply chain balance while trying to meet ongoing demand and position itself for the upcoming crop year.
The aforesaid data reflects CNI’s constant efforts to meet increased seasonal demand during peak grain shipping periods, given the encouraging onset of the year. The achievement reflects CNI’s strong execution capabilities and its ongoing commitment to keeping Canadian grain flowing efficiently to global markets during the critical harvest season. The company’s ability to exceed past performance despite supply-chain complexities underscores its focus on service reliability, asset utilization and collaboration with customers. This record movement demonstrates CNI’s operational readiness and its role in supporting Canada’s agricultural economy, a key driver of export growth.
Canadian National has been well served by its Grain & Fertilizers segment. During 2025, freight revenues in grain and fertilizers rose 7% on a year-over-year basis. During first-quarter 2026, freight revenues in grain and fertilizers rose 10% on a year-over-year basis.
CNI’s Zacks Rank
CNI currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Investors interested in the Transportation sector may also consider Hertz Global Holdings, Inc. (HTZ - Free Report) and ZTO Express (ZTO - Free Report) . Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Hertz Global has an expected earnings growth rate of 72.20% for the current year. The company has a solid earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters (missed the mark in the remaining two quarters), delivering an average beat of 174.47%. Shares of Hertz Global have lost 6.1% in the past six months.
ZTO has an expected earnings growth rate of 15.15% for the current year. The Zacks Consensus Estimate for ZTO Express’ full-year earnings has been revised upward by 6.1% in the past 60 days. Shares of ZTO Express have gained 32.2% in the past six months.