1155 ET - CN Rail's volume growth was driven by intermodal recovery after last year's labor related disruptions. The Canadian railroad says 3Q revenue of C$4.2 billion was driven by an 11% increase in intermodal transport, which are containers that can be transferred between trains, trucks, and ships. Metals and minerals, as well as forest products were down, 6% and 4%, respectively, due to the effect of tariffs. Grain and fertilizers were down 2%, but CN expects a record 2025-2026 Canadian crop which came in later than usual. Shares are trading 3% higher. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
October 31, 2025 11:55 ET (15:55 GMT)
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