Company Profile For Canadian National Railway Company

Canadian National Railway Company (CNR.TO) (Toronto Stock Exchange)
sector: Industrials · industry: Rails & Roads - Freights ·
As of  30 Nov 2009
55.30CAD
Price Change
-0.34
Percent Change
-0.61%
 
 
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Overview

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN’s network of approximately 21,000 route miles of track spans Canada and mid-America, connecting three coasts: the Atlantic, the Pacific and the Gulf of Mexico. CN’s freight revenues are derived from the movement of a diversified portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive. During the year ended December 31, 2008, 19% of revenues came from United States domestic traffic, 31% from transborder traffic, 24% from Canadian domestic traffic and 26% from overseas traffic. In November 2008, CN announced the acquisition of the three railway subsidiaries of the Quebec Railway Corp. and a QRC rail-freight ferry operation. In January 2009, it completed its acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E).

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Canadian National Railway Company's revenues decreased 13% to C$5.49B. Net income decreased 4% to C$1.27B. Revenues reflect a decrease in the sales of Metals & Minerals, Intermodal and a fall in Other revenues. Net income was partially offset by a decrease in purchased services & material costs, a significant fall in fuel expenses and an increase in other income.

Company Address

Canadian National Railway Company
935 de La Gauchetiere St. West
Montreal   QC   H3B 2M9
P: +1514.3994821
F: +1514.3996090

Total Employees

21579

Find Out More About CNR.TO

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