Canadian National Railway Company (CNI) Bundle
A Brief History of Canadian National Railway Company (CNI)
Corporate Overview
Canadian National Railway Company (CNI) is headquartered in Montreal, Quebec. As of 2024, the company operates a network of approximately 33,000 kilometers of track across Canada and the United States.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $21.47 billion |
| Net Income | $5.89 billion |
| Operating Ratio | 52.4% |
| Market Capitalization | $96.3 billion |
Operational Network
- Serves major ports in Vancouver, Prince Rupert, Montreal, and Halifax
- Connects key industrial regions in Canada and the United States
- Operates in 7 Canadian provinces and 16 U.S. states
Key Business Segments
Canadian National Railway operates through three primary freight transportation segments:
- Petroleum and Chemical Transportation
- Intermodal and Automotive Freight
- Bulk and Agricultural Commodities
Stock Performance
| Stock Information | 2024 Data |
|---|---|
| NYSE Ticker Symbol | CNI |
| Current Stock Price | $137.45 |
| 52-Week High | $145.87 |
| 52-Week Low | $119.23 |
Environmental Initiatives
Carbon Reduction Target: Committed to reducing greenhouse gas emissions by 43% by 2030.
Employee Information
Total employees: 24,795 as of December 31, 2023
Who Owns Canadian National Railway Company (CNI)
Ownership Structure
As of 2024, Canadian National Railway Company (CNI) has the following ownership composition:
| Shareholder Category | Percentage of Ownership |
|---|---|
| Institutional Investors | 73.4% |
| Individual Investors | 26.6% |
Top Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 44,789,280 | 10.2% |
| BlackRock Inc. | 37,456,712 | 8.5% |
| Capital World Investors | 32,145,890 | 7.3% |
Significant Ownership Details
- Public Float: 99.8%
- Number of Shareholders: 272,456
- Primary Stock Exchange Listing: New York Stock Exchange (NYSE)
- Secondary Stock Exchange Listing: Toronto Stock Exchange (TSX)
Foreign Ownership Restrictions
Canadian National Railway is subject to foreign ownership limitations:
- Maximum foreign ownership allowed: 49.9%
- Canadian ownership requirement: Minimum 50.1%
Market Capitalization
Market Capitalization as of 2024: $98.3 billion
Canadian National Railway Company (CNI) Mission Statement
Core Mission and Strategic Focus
Canadian National Railway Company operates with a mission to provide efficient, safe, and sustainable transportation solutions across North America.
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $14.46 billion |
| Operating Income | $6.19 billion |
| Net Income | $4.84 billion |
| Total Assets | $44.8 billion |
Key Strategic Objectives
- Maintain 7,800 route miles of track across Canada and United States
- Transport 300 million revenue ton miles annually
- Operate with approximately 23,000 employees
- Serve key industries including agriculture, automotive, chemicals, and intermodal freight
Operational Performance Metrics
| Performance Indicator | 2023 Measurement |
|---|---|
| Freight Volumes | 172.4 million metric tons |
| Locomotive Fleet | 1,890 units |
| Railcar Fleet | 53,700 cars |
| Safety Incident Rate | 1.12 per million train miles |
Sustainability Commitments
- Reduce greenhouse gas emissions by 43% by 2030
- Invest $550 million annually in infrastructure maintenance
- Maintain 99.5% on-time delivery performance
How Canadian National Railway Company (CNI) Works
Company Overview
Canadian National Railway Company (CNI) operates 33,000 route kilometers of track across Canada and parts of the United States. The company serves ports in Vancouver, Prince Rupert, Montreal, Halifax, and New Orleans.
Operational Network
| Network Metric | Quantity |
|---|---|
| Total Track Length | 33,000 kilometers |
| Locomotives | 1,900 units |
| Freight Cars | 95,000 units |
Freight Transportation Segments
- Intermodal Transportation
- Bulk Commodities
- Merchandise Freight
- Automotive Logistics
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $21.47 billion |
| Net Income | $5.64 billion |
| Operating Ratio | 52.4% |
Geographic Coverage
CNI operates across Canada and connects to major U.S. markets, covering seven provinces and 19 U.S. states.
Key Operational Metrics
| Operational Metric | 2023 Performance |
|---|---|
| Freight Volume | 302 million metric tons |
| Train Miles | 173 million miles |
| Employee Count | 24,000 employees |
How Canadian National Railway Company (CNI) Makes Money
Revenue Streams
Canadian National Railway generates revenue through multiple transportation and logistics services:
| Revenue Category | Annual Revenue (2023) |
|---|---|
| Freight Transportation | $17.44 billion |
| Intermodal Services | $4.2 billion |
| Bulk Commodity Transport | $3.8 billion |
Freight Transportation Segments
- Petroleum and Chemicals: $2.6 billion
- Grain and Fertilizers: $2.3 billion
- Forest Products: $1.9 billion
- Automotive: $1.5 billion
- Metals and Minerals: $1.2 billion
Operational Metrics
Key operational performance indicators:
| Metric | Value (2023) |
|---|---|
| Total Rail Network | 33,000 kilometers |
| Annual Carload Volume | 5.3 million carloads |
| Operating Ratio | 56.4% |
Geographic Revenue Distribution
| Region | Revenue Contribution |
|---|---|
| Canada | $10.2 billion |
| United States | $7.6 billion |
| International | $1.2 billion |
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