Canadian National Sets Record Grain Movement in 2025-26 Crop Year

Canadian National Railway CNI moved more than 33.8 MMT of grain from Western Canada, surpassing the previous record of 32.6 MMT set in the prior crop year. The record grain movement in the 2025-26 crop year highlights the strength of its network and its ability to meet elevated customer demand.

The strong performance also reflects effective coordination with customers and other supply-chain partners, along with consistent execution of CNI’s operating plan. The company’s ability to unlock incremental capacity supported higher volumes while strengthening service reliability across the grain supply chain.

CNI’s record July performance further reinforces this momentum. The company moved 2.62 MMT of grain during the month, exceeding the previous July record of 2.43 MMT set in 2020. Strong demand and efficient network operations are likely to remain supportive as the company enters the new crop year.

Looking ahead, Canadian National’s 2026-27 Grain Plan positions the company to handle the upcoming harvest with adequate resources and capacity. Continued focus on reliable service and operational execution should help CNI capitalize on grain demand and support volume growth in the upcoming crop year.

CNI Share Price Performance

CNI’s shares have gained 34.5% over the past year compared with the  Transportation - Rail industry’s 29.1% growth.

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CNI’s Zacks Rank

Canadian National Railway currently carries a Zacks Rank #3 (Hold).

Stocks to Consider

Investors interested in the Zacks Transportation sector may consider Expeditors International of Washington, Inc. EXPD and Teekay Tankers Ltd TNK. 

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 28.6% 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 17.15%.

Teekay Tankers currently carries a Zacks Rank #2 (Buy).

TNK has an expected earnings growth rate of more than 100% 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 10.9%.

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This article originally published on Zacks Investment Research (zacks.com).

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