Canadian National Railway Company is a rail transportation company that caters to importers, farmers, exporters, manufacturers, etc.
It has an extensive transcontinental railroad network across North America, including Canada, Midwestern and Southern United States.
Canadian National Railway is said to be the largest rail transport operator in terms of area wise, valuation and earnings. The railway company's network and connections to all Class 1 railroads provide access to Mexico, Canada and the United States.
The railroad network covers approximately 20,000-kilometre track and connect Canada’s east and west coast with the United States’ southern coast.
Through its extensive transportation network, the company moves around C$ 150 billion worth of goods annually.
The Montreal-based company operates and provides a wide range of services, including rail, intermodal, trucking, supply chain services, logistics, etc.
In addition, it also offers business development, maps and network services.
The railway firm caters to various industries, including:
• dimensional loads
• forest products
• metals and minerals
The company has more than 75 warehousing and distribution facilities and transports coal, petroleum, chemicals, forest products, grain, fertilizers, etc.
The railway company is reportedly considered one of the major companies that contributes to the economic growth of Canada and Mid-America.
On June 6, 1919, the Canadian National Railways Company was created by a special act of the Parliament of Canada.
Canadian National Railway was initially a government-owned company before being privatized in 1995.
Microsoft co-founder Bill Gates is reportedly the biggest shareholder in the company.
It is listed on the Toronto Stock Exchange and New York Stock Exchange, trades under the stock symbol 'CNR' and 'CNI', respectively.
In addition, CNR is also among S&P/TSX 60 components.
The principal subsidiaries as of December 31, 2020, are:
• North American Railways, Inc
• Wisconsin Central Ltd
• Grand Trunk Corporation
• Illinois Central Corporation
• Grand Trunk Western Railroad Company
• Illinois Central Railroad Company