CN Update on March Grain Movement
Rhea-AI Summary
CN (NYSE: CNI) has achieved record-breaking grain transportation numbers in March 2025, moving 2.85 million metric tonnes of grain from Western Canada and 2.98 million metric tonnes nationally. This milestone follows challenges faced during January and February due to extreme cold weather that necessitated safety-related train length restrictions.
The achievement is attributed to strong collaboration with customers and the grain industry in recovering from winter weather disruptions. Executive Vice-President and Chief Commercial Officer Remi G. Lalonde emphasized the company's commitment to serving Canadian farmers and highlighted the importance of supply chain cooperation in achieving these record movements.
Positive
- Record-breaking grain movement: 2.85M metric tonnes from Western Canada
- New national grain movement record: 2.98M metric tonnes
- Successful recovery from weather-related disruptions showing operational resilience
Negative
- Earlier disruptions in Q1 2025 due to extreme weather impacting operations
News Market Reaction 1 Alert
On the day this news was published, CNI declined 1.75%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, April 03, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today it moved more than 2.85 million metric tonnes of grain from Western Canada and 2.98 million metric tonnes nationally, establishing new monthly records. This performance is a direct result of close collaboration with customers to recover from the extreme cold weather experienced in Western Canada in January and February, which required safety-related train length restrictions.
"Our team remains focused on delivering for Canadian farmers and our grain industry customers. We can only achieve record grain movements with close collaboration across all parts of the supply chain."
- Remi G. Lalonde, Executive Vice-President and Chief Commercial Officer at CN
About Winter Operations and Train Lengths
Train length restrictions are necessary during periods of extreme cold to ensure operational safety and adherence to Transport Canada regulations. When temperatures fall below -25°C, train length must be reduced. Shorter trains mean more people and equipment are required to move to the same amount of goods.
Train length restrictions were applied for an unprecedented number of consecutive days for much of January and the first three weeks of February, as Western Canada faced unrelenting extreme cold weather.
As the weather has improved, CN’s traffic volumes have returned to normal and the Company continues to work around the clock to meet customer needs.
Under optimal conditions, the grain supply chain can support up to 7,800 cars per week (744,000 metric tonnes) outside of winter and up to 6,250 cars per week (595,000 metric tonnes) during winter. Being able to achieve these capacity levels depends on several critical factors, including balanced corridor flows, continuous operations at grain and export facilities, and the absence of major disruptions such as extreme weather, labor issues, or trade instability.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
| Contacts: | |
| Media | Investment Community |
| Ashley Michnowski | Stacy Alderson |
| Senior Manager | Assistant Vice-President |
| Media Relations | Investor Relations |
| (438) 596-4329 media@cn.ca | (514) 399-0052 investor.relations@cn.ca |