Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian National Railway Company    CNR   CA1363751027

CANADIAN NATIONAL RAILWAY COMPANY

(CNR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

North American Rail Traffic Fell 6.4% in Week Ended March 7

share with twitter share with LinkedIn share with facebook
share via e-mail
03/11/2020 | 12:41pm EDT

By Colin Kellaher

 

North American rail traffic fell 6.4% last week, paced by a double-digit drop in U.S. intermodal volume, data from the Association of American Railroads showed.

Carload volume for the week ended March 7 on 12 reporting U.S., Canadian and Mexican railroads slipped 0.6%, while intermodal traffic slid 11.9%, the trade group said Wednesday.

North American rail traffic was down 8.3% in the week ended Feb. 29. For the first 10 weeks of the year, North American traffic declined 5.2%, the AAR reported.

The AAR said U.S. rail traffic fell 9.1% last week, amid a 14.1% drop in the volume of intermodal containers and trailers that appears to be related to the coronavirus epidemic.

"With the number of ships arriving at West Coast ports from Asia down sharply due to the coronavirus, it stands to reason that railroads are beginning to feel an impact too, at least in terms of intermodal," said John Gray, AAR senior vice president, adding that the group can't yet quantify the impact with precision.

U.S. carloads fell 3.5% last week, as a 23.4% drop in shipments of coal, the largest of the 10 commodity groups tracked, more than offset rises in most other categories. U.S. rail traffic is down 7% for the first 10 weeks of the year.

Canadian rail traffic rose 3.2% last week, as blockades by protesters of a natural-gas pipeline came to an end. A 10.8% rise in carloads more than offset a 5.3% decline in intermodal units. Canadian rail traffic is down 1.5% for the first 10 weeks of the year.

Mexican rail traffic fell 6.7% for the week, with carloads off 9.6% and intermodal units down 3%. Mexican rail traffic is up 5.4% for the first 10 weeks of the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
BERKSHIRE HATHAWAY INC. 0.45% 263094 Delayed Quote.-22.53%
CANADIAN NATIONAL RAILWAY COMPANY 0.67% 115.25 Delayed Quote.-1.89%
CANADIAN PACIFIC RAILWAY LIMITED 0.47% 337.14 Delayed Quote.1.85%
CSX CORPORATION 1.08% 68.53 Delayed Quote.-6.18%
DEERE & COMPANY -1.47% 140.71 Delayed Quote.-17.57%
KANSAS CITY SOUTHERN 0.62% 147.25 Delayed Quote.-3.86%
NORFOLK SOUTHERN CORPORATION 0.53% 171.47 Delayed Quote.-11.67%
UNION PACIFIC 0.96% 165.16 Delayed Quote.-9.51%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on CANADIAN NATIONAL RAILWAY
05/22CANADIAN NATIONAL RAILWAY : CN Announces New Intermodal Rail Service Between Mon..
AQ
05/22CANADIAN NATIONAL RAILWAY : JJ Ruest CN President and Chief Executive Officer an..
AQ
05/21JJ Ruest, CN President and Chief Executive Officer, and Ghislain Houle, Execu..
GL
05/20North American Rail Traffic Fell 20.9% in Week Ended May 16
DJ
05/15CANADIAN NATIONAL RAILWAY : Ghislain Houle CN executive vice-president and chief..
AQ
05/15CANADIAN NATIONAL RAILWAY : Railway Association of Canada Appoints CN's Fiona Mu..
AQ
05/14Railway Association of Canada Appoints CN's Fiona Murray as Board Chair
GL
05/14Ghislain Houle, CN executive vice-president and chief financial officer, to a..
GL
05/13North American Rail Traffic Falls 20.5% in Week Ended May 9
DJ
05/08CANADIAN NATIONAL RAILWAY : CN Proud to be Supporting Agri-Food Supply Chain as ..
AQ
More news
Financials (CAD)
Sales 2020 14 045 M
EBIT 2020 5 333 M
Net income 2020 3 876 M
Debt 2020 14 285 M
Yield 2020 1,99%
P/E ratio 2020 21,7x
P/E ratio 2021 18,9x
EV / Sales2020 6,84x
EV / Sales2021 6,27x
Capitalization 81 804 M
Chart CANADIAN NATIONAL RAILWAY COMPANY
Duration : Period :
Canadian National Railway Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CANADIAN NATIONAL RAILWAY
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 114,85 CAD
Last Close Price 115,25 CAD
Spread / Highest target 12,8%
Spread / Average Target -0,34%
Spread / Lowest Target -17,6%
EPS Revisions
Managers
NameTitle
Jean-Jacques Ruest President, Chief Executive Officer & Director
Marlene Kaye Puffer President & CEO-Investment Division
Robert L. Pace Chairman
Rob Reilly COO, Chief Information & Technology Officer, EVP
Ghislain Houle Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
CANADIAN NATIONAL RAILWAY COMPANY-1.89%58 308
UNION PACIFIC-9.51%112 072
CSX CORPORATION-6.18%52 457
NORFOLK SOUTHERN CORPORATION-11.67%43 927
CANADIAN PACIFIC RAILWAY LIMITED1.85%32 593
KANSAS CITY SOUTHERN-3.86%13 992