Canadian National Sets Third-Quarter Grain Record at 7.94 Million Tonnes

Zacks Investment Research··CAUS·Read original
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Summary · why it matters

Canadian National Railway moved 7.94 million metric tonnes of grain from Western Canada in the third quarter of 2026, a new quarterly record that tops the previous mark of 7.48 MMT set in 2020. The company said the result reflects sustained customer demand, strong coordination across the grain supply chain and effective execution of its operating strategy, and it pledged to carry that momentum into winter. Canadian National also unveiled its 2026-2027 Winter Plan, which sets out the actions, investments and technologies it will deploy to keep the railway running efficiently in extreme weather, with the goals of promoting safe working conditions, meeting customer demand, improving network performance and enhancing network resilience. Separately, Canadian Pacific Kansas City reported record grain volumes for September and the third quarter, moving 2.94 million metric tons in Canada and 2.51 million metric tons in the United States during September. Both Canada and the United States set new third-quarter records, surpassing marks set in 2020.

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