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IJR News — today's news from every side

CN, Union Pacific Expand Competitive Rail AccessBusiness — Jul 23, 2026Union Pacific and Canadian National Railway have signed binding memoranda of understanding to grant CN expanded competitive access and a broader footprint in the Midwest as part of Union Pacific's planned merger with Norfolk Southern, subject to regulatory approval. The agreements include CN access to key facilities, overhead and service rights, and acquisition of Norfolk Southern’s interests in KC Terminal and TRRA, while both companies commit to collaborating through the STB process to implement the merger.

CN Q2 Earnings Rise, Raises 2026 Outlook — Jul 24, 2026Canadian National Railway reported stronger Q2 2026 results with net income around C$1.25 billion and revenue about C$4.75 billion, while adjusted earnings per share were about C$2.08, marking a beat versus last year. The company raised its full-year guidance to low-single-digit revenue-ton-mile growth and mid-to-high single-digit adjusted EPS growth for 2026, signaling cautious optimism about its outlook amid market dynamics.