Canadian National Railway (CN) and Congebec have announced a new partnership to expand cold chain logistics across North America, unveiling plans to build a state-of-the-art temperature-controlled facility within CN’s Calgary Logistics Park. The project aims to bridge a long-standing gap between rail and cold storage, creating a more efficient and sustainable network for temperature-sensitive goods. The construction partner for this project will be Matthews Tribal. By embedding the facility directly withi ...

合作项目核心内容 - 加拿大国家铁路公司与物流提供商Congebec合作，在阿尔伯塔省卡尔加里物流园建设最先进的冷库设施 [1] - 新设施位于公司综合物流枢纽内，旨在加速温控货物在铁路与仓库间的转运，提升多式联运能力 [1] - 该项目将冷库、交叉转运、换装以及首末英里服务与现有冷藏项目高效结合，优化转运并缩短停留时间 [2] 战略与影响 - 项目是公司构建更智能、可持续供应链战略的一部分，旨在减少长途卡车运输、降低排放，并加快基于铁路的温控货物运输 [2] - 该设施将强化阿尔伯塔省作为食品生产和出口中心枢纽的角色，提升加拿大生产商和零售商在国际贸易中的竞争力 [2] - 开发商Matthews Tribal的参与为项目带来开发实力和对社区长期价值的承诺，各方合作设定了加拿大西部冷链物流的新标杆 [3] 公司股价表现 - 加拿大国家铁路公司股价在过去一年下跌18.3%，表现逊于下跌5.8%的运输-铁路行业 [4] 其他提及公司 - 投资者可关注全球船舶租赁公司，其股价年初至今上涨25.6%，超越运输-航运行业2.2%的跌幅，过去四个季度盈利均超预期，平均超出13.16% [8][9] - 投资者可关注西屋制动公司，其股价在过去一年上涨1.4%，超越运输-设备与租赁行业21.1%的跌幅，本财年预期盈利增长率为17.59% [9][10]

运营表现 - 加拿大国家铁路公司在9月创下谷物运输新纪录，从加拿大西部运输了超过291万公吨谷物，比其之前9月的纪录高出8万吨 [1] - 这一成就反映了公司强大的执行能力以及在关键收获季节持续致力于将加拿大谷物高效运往全球市场 [2] - 创纪录的运输量突显了公司在收获季节与托运人合作方面的运营实力 [8] 战略规划 - 公司发布了2025-2026年冬季计划，详细说明了如何为即将到来的寒冷月份准备其网络 [3] - 该计划包括加强机车可靠性项目、战略性资源分配以及针对性基础设施投资，以最大限度地减少天气相关的中断 [3][8] - 通过结合创纪录的谷物运输和前瞻性的冬季准备，公司强化了其全年提供安全、高效和可靠服务的承诺 [3] 财务与市场表现 - 公司的谷物与化肥板块表现良好，预计当前年度板块收入将比2024年水平增长8.5% [4] - 预计该板块的运量将增长5.5% [4] - 公司股价在本季度迄今上涨2.2%，表现优于运输-铁路行业0.4%的涨幅 [5] 行业比较 - 投资者若对运输板块感兴趣，可考虑全球船舶租赁公司和西屋制动公司 [9] - 全球船舶租赁公司目前具有Zacks排名第2，其盈利在过去四个季度均超出市场预期，平均超出幅度为13.16% [9] - 西屋制动公司目前具有Zacks排名第2，本年度预期盈利增长率为17.59%，其盈利在过去四个季度中有三个季度超出预期，平均超出幅度为5.41% [10]

MONTREAL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) and Congebec today announced that they are coming together to collaborate on a state-of-the-art cold storage facility at CN’s Calgary Logistics Park in Alberta. Strategically located within CN’s integrated logistics hub, the facility will be designed to be in better proximity, accelerating the conversion of temperature-sensitive goods between rail and warehouse. Customers will benefit from a more reliable, timely and efficient service to ...

MONTREAL, Oct. 08, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today it set a new record for grain movement in September. CN moved over 2.91 million metric tonnes of grain from Western Canada last month, higher by 80,000 metric tonnes from its previous set record for the month. “As the harvest season moves into its final stages, our teams are working closely with customers to keep grain moving steadily through the supply chain. September’s results highlight our continued focus on delivering ...

CNI is trading near its 52-week low, which could be a buying opportunity for long-term investors. The stock is currently priced at $96.15, showing a 1.78% increase or $1.68. Today, it fluctuated between $94.36 and $96.18. Over the past year, it reached a high of $116.79 and a low of $91.07. CNI's strong operational efficiency and robust free cash flow make it a stable investment. The company's disciplined cost management supports consistent dividends and share buybacks. This makes CNI attractive for investo ...

核心观点 - 加拿大国家铁路公司因其稳健的运营效率、与CSX公司的合作伙伴关系以及股东友好举措而受到支撑，但同时也面临费用上升、流动性偏弱和债务水平较高的压力 [1] 运营效率与业务复苏 - 公司与CSX公司合作推出通往田纳西州纳什维尔的多式联运铁路服务，通过钢轮互换取代卡车运输段，提供全铁路解决方案，从而加快交付速度、提高可靠性并为托运人提供更可持续高效的供应链选择 [2] - 货运量出现早期复苏迹象，2025年上半年货运收入实现温和增长，主要得益于煤炭、谷物、化肥和汽车业务的增长，每RTM收入的上升表明定价能力和效率正在改善 [3] 股东回报与资本配置 - 公司通过股息和股票回购回报股东，年度股息支付超过20亿加元，并在过去三年进行了大量回购，2025年完成的回购进一步凸显管理层对公司盈利能力和长期前景的信心 [4] - 行业内的其他公司如诺福克南方铁路在2023年向股东回报了18.5亿美元，并在2024年维持强劲派息，自1982年成立以来已连续172个季度支付普通股股息 [5] - 联合太平洋铁路公司保持强劲的亲股东立场，2023年产生15.4亿美元自由现金流并向投资者返还39亿美元，股息持续增长，在2025年上半年通过股息和回购向股东返还了43亿美元 [6] 财务与运营风险 - 公司面临运营费用上升的压力，主要受劳动力成本以及外购服务和材料支出增加的影响，这侵蚀了利润率 [8] - 公司流动性状况偏弱，现金为2.16亿加元，而短期债务为11.2亿加元，缺乏足够的短期流动性，同时长期债务在2025年第二季度已攀升至193亿加元 [9] - 机车或劳动力短缺造成的网络中断以及其他服务限制构成了运营风险，可能影响服务可靠性和货运量 [10]

MONTREAL, Sept. 29, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has published its 2025-2026 Winter Plan.  Every year, CN publishes a Winter Plan that outlines how it prepares to meet customer demand safely, reliably, and efficiently during the challenges of the winter season.  CN’s Winter Plan reflects a clear commitment to investing in infrastructure, applying innovative technology, and working closely with customers and partners to keep the economy moving safely.  “Preparing for winter is part of w ...

MONTREAL, Sept. 29, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has published its 2025-2026 Winter Plan. Every year, CN publishes a Winter Plan that outlines how it prepares to meet customer demand safely, reliably, and efficiently during the challenges of the winter season. CN’s Winter Plan reflects a clear commitment to investing in infrastructure, applying innovative technology, and working closely with customers and partners to keep the economy moving safely. “Preparing for winter is part of w ...

MONTREAL, Sept. 29, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2025 financial and operating results before the markets open on October 31, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on October 31. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (Interna ...