$CNI

Nasdaq and S&P 500 held weekly gains, while Dow and Russell 2000 declined. RTX secured a $24.4B contract for SM-6 interceptors. Eli Lilly's Jaypirca got FDA approval for new indication. SAP to acquire TechWolf for AI work intelligence. IBM faces investigation over Q2 results. CNR set a grain movement record.

Citi analyst Ariel Rosa sees a favorable risk-reward setup in North American transportation stocks ahead of Q3 earnings, citing recent declines and positive company outlooks. He upgraded XPO to Buy and adjusted price targets for CNI, CP, and TFII. Desjardins analyst Jerome Dubreuil notes Canadian telecoms face challenges from low growth and AI shopping agents, but sees pricing discipline as encouraging.

CN (TSX: CNR, NYSE: CNI) reported a new quarterly record for grain movement, transporting 7.94 million metric tonnes from Western Canada. The company attributes this to strong demand and operational efficiency. CN also released its 2026-2027 Winter Plan to maintain service reliability.

CN (TSX: CNR, NYSE: CNI) will release its Q3 2026 financial and operating results on October 30, 2026, before market open. A conference call and webcast will follow at 8:30 a.m. ET, led by CEO Tracy Robinson. The company transports over 300 million tons of goods annually across North America.

Diesel prices hit historic highs, averaging $2.64 per litre, up 59% since the Iran war. Supply disruptions from the Strait of Hormuz closure have reduced output for seven months. Experts predict higher consumer prices for goods. Canadian National Railway and Canadian Pacific Kansas City report 73% higher freight railway fuel surcharges. Industry leaders say costs are being passed to consumers.

Analyst Cameron Doerksen upgraded Canadian National Railway (CNR) and Canadian Pacific Kansas City (CP) citing strong volume growth, though U.S. trade policy poses a small headwind. CNR's revenue ton miles rose 4.6% YoY, while CP saw a 6.4% increase. Doerksen prefers CP over CN due to superior growth outlook. RBC analyst Michael Harvey initiated coverage of Spartan Delta (SDE) with an outperform rating, citing its premium land position and strong management.

Canadian National Railway (CNI) and Amtrak agreed to an 8-year deal resolving a long-standing dispute over Amtrak services on CN lines. The pact includes a revised performance payment system aligned with FRA standards and plans to equip trains with OSEs. CNI shares closed at $119.49, down 1.87%.

Canadian National Railway (CNI) resolved an 8-year dispute with Amtrak, introducing a performance payment system and Onboard Shunt Enhancers. CNI offers a 2.17% dividend yield, a 46% payout ratio, and a 6.6% 3-year dividend growth rate. The stock is 2.3% overvalued relative to its GF Value™ of $117.43. CNI has a GF Score™ of 90/100, indicating strong profitability, growth, and momentum, but moderate financial strength. Institutional interest is high, though some gurus are trimming positions.

CN (TSX: CNR, NYSE: CNI) and Amtrak have reached an eight-year operating agreement for U.S. rail service, resolving a decade-long dispute. The deal includes a revised performance payment system, regular schedule reviews, and plans to equip Amtrak trains with Onboard Shunt Enhancers (OSEs) for improved safety and efficiency. Both companies expressed gratitude to the Surface Transportation Board (STB) and Federal Railroad Administration (FRA) for their support.

CN (CNI) and Amtrak have signed an eight-year agreement resolving a decade-long dispute over Amtrak services on CN-owned U.S. rail lines. The deal includes a revised performance payment system and plans to deploy Onboard Shunt Enhancers for improved safety and on-time performance. The agreement covers routes like the City of New Orleans and Wolverine.