Profile: Canadian National Railway Co (CNI)
28 Apr 2017
Canadian National Railway Company, incorporated on August 24, 1995, is engaged in the rail and related transportation business. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America. The Company's network and connections to all Class I railroads provide its customers access to the three North American Free Trade Agreement (NAFTA) nations. The Company carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. The Company's freight includes seven commodity groups representing a portfolio of goods, including petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, intermodal and automotive.
The petroleum and chemicals commodity group consists of a range of commodities, including chemicals and plastics, refined petroleum products, natural gas liquids, crude oil and sulfur. The Company's petroleum and chemicals shipments primarily originate in the Louisiana petrochemical corridor between New Orleans and Baton Rouge; in Western Canada, an oil and gas development area, and a center for natural gas feedstock, and petrochemicals and plastics, and in eastern Canadian regional plants. The metals and minerals commodity group consists primarily of materials related to oil and gas development, steel, iron ore, non-ferrous base metals and ores, construction materials and machinery, and dimensional loads. The Company provides rail access to base metals, iron ore and frac sand mining, as well as aluminum and steel producing regions.
The forest products commodity group includes various types of lumber, panels, paper, wood pulp and other fibers, such as logs, recycled paper, wood chips and wood pellets. The Company has rail access to the western and eastern Canadian fiber-producing regions. In the United States, the Company serves both the Midwest and southern United States corridors with interline connections to other Class I railroads. The coal commodity group consists of thermal grades of bituminous coal, metallurgical coal and petroleum coke. Canadian thermal and metallurgical coal are exported through terminals on the west coast of Canada to offshore markets. In the United States, thermal coal is transported from mines served in southern Illinois, or from western United States mines through interchange with other railroads, to various utilities in the Midwest and Southeast United States, as well as offshore markets through terminals in the Gulf of Mexico.
The grain and fertilizers commodity group depends primarily on crops grown and fertilizers processed in Western Canada and the United States Midwest. The grain segment consists of three segments: food grains, including wheat, oats and malting barley; feed grains and feed grain products, including feed barley, feed wheat, peas, corn, ethanol and dried distillers grains, and oilseeds and oilseed products, including primarily canola seed, oil and meal, and soybeans. The grain produced in Western Canada and moved by the Company is primarily exported through the ports of Vancouver, Prince Rupert and Thunder Bay. In the United States, grain grown in Illinois and Iowa is exported, as well as transported to domestic processing facilities and feed markets. The Company also serves various producers of potash in Canada, as well as producers of ammonium nitrate, urea and other fertilizers across Canada and the United States.
The intermodal commodity group includes rail and trucking services, and consists of two segments: domestic and international segments. The domestic segment transports consumer products and manufactured goods, serving both retail and wholesale channels, within domestic Canada, domestic United States, Mexico and transborder. The international segment handles import and export container traffic, serving the ports of Vancouver, Prince Rupert, Montreal, Halifax, New Orleans and Mobile. The automotive commodity group moves both domestic finished vehicles and parts across North America, providing rail access to certain vehicle assembly plants in Canada, and Michigan and Mississippi in the United States. The Company also serves vehicle distribution facilities in Canada and the United States, as well as parts production facilities in Michigan and Ontario. The Company serves shippers of import finished vehicles through the ports of Halifax and Vancouver, and through interchange with other railroads. The Company also offers various non-rail services that support its rail business, including vessels and docks, warehousing and distribution, automotive logistic services, freight forwarding and transportation management.
Canadian National Railway Co
935 de la Gauchetiere St W
MONTREAL QC H3B 2M9
Company Web Links
- BRIEF-CN to purchase its common shares under a specific shr repurchase program
- BRIEF-Canadian National-announces ratification of new 5-yr collective labour agreement by International Brotherhood of Electrical Workers system council 11
- CN Rail's revenue rises 8 pct on higher freight volumes
- UPDATE 2-CN Rail's revenue rises 8 pct on higher freight volumes
- BRIEF-CN reports Q1 earnings per share of C$1.16