02:01 PM EDT, 06/30/2025 (MT Newswires) -- Canadian National Railway ( CNI ) on Monday said it plans to invest approximately US$38 million in Iowa and approximately US$50 million in Louisiana as part of its 2025 capital investment program.
The company said that the investments will support track maintenance and strategic infrastructure initiatives in the states.
The company added that the Louisiana investment includes projects to build capacity in New Orleans area and upgrades to improve operations at CN's Geismar railyard.
The company's shares were last seen up $0.58 to $142.23 on the Toronto Stock Exchange.
Price: 142.22, Change: +0.57, Percent Change: +0.40