Earnings Growth and Operating Ratio Improvement
CN delivered 8% earnings growth and a 20 basis-point improvement in the operating ratio for the first quarter of Fiscal Year 2025.
Labor Agreement Success
CN successfully concluded the arbitration process involving Canadian conductors and locomotive engineers, resulting in a three-year deal with annual wage increases of 3%.
Record March Performance
In March, CN moved nearly 1.4 billion daily GTMs, among its top performances, with car velocity improving to nearly 200 miles per day.
Strong Grain and Fertilizer Revenue
Revenue for grain and fertilizers increased by 7% due to higher exports from both Canada and the US.
Increased Coal Revenue
Coal exports drove a 9% increase in revenue, with the average length of haul rising by 11%.