We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CNI Sets Record With 3.54 Million Tons of Grain Shipments in October
Read MoreHide Full Article
Key Takeaways
Canadian National Railway moved a record 3.54 MMT of grain products across Canada in October 2026.
CNI matched its western Canadian grain shipment record of 3.43 MMT, supported by strong customer demand.
CNI's 2026-2027 Winter Plan focuses on network reliability & efficient operations during harsh weather.
Canadian National Railway (CNI - Free Report) is benefiting from strong demand for grain transportation, as it reported a record 3.54 million metric tons (MMT) of grain and processed grain products moved across Canada in October 2026. This surpassed its previous monthly record of 3.51 MMT, set in October 2025, highlighting the company's ability to handle higher shipment volumes and meet growing customer demand. The achievement also reflects effective coordination across the grain supply chain and reliable transportation services.
Additionally, CNI matched its October record for western Canadian grain shipments, moving 3.43 MMT during the month. Strong grain volumes support the company's freight business and highlight the importance of its extensive rail network in connecting agricultural producers with domestic and international markets. Continued collaboration with grain customers and port terminals is also helping CNI maintain operational efficiency during the peak grain shipping season.
Looking ahead, CNI is prioritizing network reliability and operational preparedness through its 2026-2027 Winter Plan. Proactive winter-readiness measures are expected to help the company maintain safe and efficient rail operations despite challenging weather conditions. With strong customer demand and record grain movements, CNI is well-positioned to support higher shipment volumes throughout the crop year, although its ability to sustain service reliability during the winter months will remain important.
CNI’s Share Price Performance
CNI’s shares have gained 33.9% over the past year compared with the Transportation - Rail industry’s 38.6% growth.
Image Source: Zacks Investment Research
CNI’s Zacks Rank
CNI currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Investors interested in the Zacks Transportation sector may also consider Expeditors International of Washington, Inc. (EXPD - Free Report) and Aercap (AER - Free Report) .
EXPD has an expected earnings growth rate of 33.78% for 2026. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 17.44%.
Aercap Group currently sports a Zacks Rank #1.
AER has an expected earnings growth rate of 45.1% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 35.87%.
View the Zacks #1 Rank List
Image: Bigstock
CNI Sets Record With 3.54 Million Tons of Grain Shipments in October
Key Takeaways
Canadian National Railway (CNI - Free Report) is benefiting from strong demand for grain transportation, as it reported a record 3.54 million metric tons (MMT) of grain and processed grain products moved across Canada in October 2026. This surpassed its previous monthly record of 3.51 MMT, set in October 2025, highlighting the company's ability to handle higher shipment volumes and meet growing customer demand. The achievement also reflects effective coordination across the grain supply chain and reliable transportation services.
Additionally, CNI matched its October record for western Canadian grain shipments, moving 3.43 MMT during the month. Strong grain volumes support the company's freight business and highlight the importance of its extensive rail network in connecting agricultural producers with domestic and international markets. Continued collaboration with grain customers and port terminals is also helping CNI maintain operational efficiency during the peak grain shipping season.
Looking ahead, CNI is prioritizing network reliability and operational preparedness through its 2026-2027 Winter Plan. Proactive winter-readiness measures are expected to help the company maintain safe and efficient rail operations despite challenging weather conditions. With strong customer demand and record grain movements, CNI is well-positioned to support higher shipment volumes throughout the crop year, although its ability to sustain service reliability during the winter months will remain important.
CNI’s Share Price Performance
CNI’s shares have gained 33.9% over the past year compared with the Transportation - Rail industry’s 38.6% growth.
Image Source: Zacks Investment Research
CNI’s Zacks Rank
CNI currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Investors interested in the Zacks Transportation sector may also consider Expeditors International of Washington, Inc. (EXPD - Free Report) and Aercap (AER - Free Report) .
Expeditors currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
EXPD has an expected earnings growth rate of 33.78% for 2026. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 17.44%.
Aercap Group currently sports a Zacks Rank #1.
AER has an expected earnings growth rate of 45.1% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 35.87%.