Citi shuffles transportation stock ratings after post-election sector rally

Citi analysts downgraded Knight-Swift and Schneider National stocks, citing valuation concerns after a post-election rally, yet upgraded C.H. Robinson and Canadian National due to favorable setups.

Earnings call: CN reports steady growth despite macro challenges

Canadian National Railway stock rises as Q3 results top estimates

Canadian National Railway exceeded earnings expectations in Q3 2023, leading to a 2% stock increase, with future growth targets set for EPS and capital expenditures.

Canadian National Railway earnings beat by C$0.02, revenue topped estimates

Canadian National Railway reported Q3 EPS of C$1.72 and revenue of C$4.11B, with declining stock price yet positive annual growth. Financial health rated as fair.

Wells Fargo offers up its industrials election playbook

Wells Fargo analyzes the Industrials sector's prospects amidst the US presidential election, highlighting winners, risks and sector influences from potential Trump or Harris victories.

Canada labor board orders end to railway work stoppage

The Canada Industrial Relations Board halted rail work stoppages affecting major freight carriers, ending disruptions threatening the economy, while the Teamsters plan to appeal the ruling.

Explainer-Why Canada's railways are seeing an unprecedented labor stoppage

Canada rail stoppage poised to disrupt North American agriculture

A potential freight rail stoppage in Canada could severely disrupt North American agricultural supply chains, impacting shipments of wheat, fertilizer, and meat, with costly implications for the economy.

Oil pipeline capacity to spare Canadian exports from looming rail dispute

A potential labor dispute at Canadian railroads may not significantly impact U.S. oil exports due to increased pipeline capacity, though refined products could be affected.

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'

The article discusses the potential impact of a simultaneous railway stoppage in Canada, threatening billions in economic damage and affecting goods transport to the U.S.