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FINWIRES

Canadian National Railway Up 1% Says Reached Monthly Record for Propane Shipments to Watson Island

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Canadian National Railway Company's (CNR.TO, CNI) propane export shipments from South Beamer, Alberta to Watson Island, British Columbia reached an "all-time monthly record for the corridor in May, while staying within the existing commercial arrangements," it said on Thursday.

The company noted this represents an increase in carloads of 40% compared to May 2025 and beats its previous monthly record from August 2024. The record was supported by train length optimizations, enhanced network efficiency, and strong execution across the corridor, enabling greater volumes of product to move reliably to the West Coast, it added.

Shares of the company were last seen up 1.1% at $167.80 on the Toronto Stock Exchange.

Price: $167.70, Change: $+1.73, Percent Change: +1.04%

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CN Rail Reporting New Monthly Record for Propane Shipments to Watson Island

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