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Canadian National Railway - statistics & facts

The freight railway industry represented a total operating revenue of over 15 billion Canadian dollars for Canada in 2019. The Canadian National Railway Company (CN) was the leader of the market in this country. A Class I freight railway that spanned all across Canada, CN’s railway network also extended to Midwestern and Southern United States and covered some 19,500 route miles. The company was established by the Canadian federal government in 1919 and was then privatized by the government on November 17, 1995.

CN’s financial performance dipped in 2020

In 2020, CN generated a total revenue of just over 13.8 billion Canadian dollars and, for that same year, the company reported about nine billion Canadian dollars in operating expenses. Both revenue and expenses dipped between 2019 and 2020, as a result of the drop in demand during the first quarter of 2020 due to the Covid-19 pandemic. The company formerly operated a mix of freight and passenger services until the late 1970s but is now primarily a freight railway. The company’s rail freight revenue amounted to around 13.2 billion Canadian dollars in 2020. CN operates a supply-chain model that offers integrated shipping solutions which include rail, intermodal, trucking, freight forwarding, warehousing and distribution. Intermodal accounts for the largest part of CN’s freight revenue by commodity group.

The Canadian leader of the market

While the American BNSF was the overall leading North American railroad company, CN was the main Canadian railway company in North America. In 2020, it dwarfed its main competitor Canadian Pacific Railway by over six billion Canadian dollars more in revenue. Transporting close to 5,600 carloads across its network, CN was also the fifth leading North American company based on carloads transported across its network. The company's financial impact extended beyond the region. It was the second largest railway company worldwide in May 2020, worth around 58.8 billion U.S. dollars in market value. The company also employed over 23,700 people for its operations, making it an important employer in the Canadian railway industry.

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Canadian National Railway

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Canadian National Railway - statistics & facts

The freight railway industry represented a total operating revenue of over 15 billion Canadian dollars for Canada in 2019. The Canadian National Railway Company (CN) was the leader of the market in this country. A Class I freight railway that spanned all across Canada, CN’s railway network also extended to Midwestern and Southern United States and covered some 19,500 route miles. The company was established by the Canadian federal government in 1919 and was then privatized by the government on November 17, 1995.

CN’s financial performance dipped in 2020

In 2020, CN generated a total revenue of just over 13.8 billion Canadian dollars and, for that same year, the company reported about nine billion Canadian dollars in operating expenses. Both revenue and expenses dipped between 2019 and 2020, as a result of the drop in demand during the first quarter of 2020 due to the Covid-19 pandemic. The company formerly operated a mix of freight and passenger services until the late 1970s but is now primarily a freight railway. The company’s rail freight revenue amounted to around 13.2 billion Canadian dollars in 2020. CN operates a supply-chain model that offers integrated shipping solutions which include rail, intermodal, trucking, freight forwarding, warehousing and distribution. Intermodal accounts for the largest part of CN’s freight revenue by commodity group.

The Canadian leader of the market

While the American BNSF was the overall leading North American railroad company, CN was the main Canadian railway company in North America. In 2020, it dwarfed its main competitor Canadian Pacific Railway by over six billion Canadian dollars more in revenue. Transporting close to 5,600 carloads across its network, CN was also the fifth leading North American company based on carloads transported across its network. The company's financial impact extended beyond the region. It was the second largest railway company worldwide in May 2020, worth around 58.8 billion U.S. dollars in market value. The company also employed over 23,700 people for its operations, making it an important employer in the Canadian railway industry.

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Canadian National Railway".

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