CN enhances wildfire response with new firefighting railcars and upgraded fleet to protect infrastructure and assist local firefighters.
Quiver AI Summary
CN has enhanced its firefighting capabilities by expanding its specialized fire suppression fleet in preparation for the 2025 wildfire season. The company introduced two new firefighting railcars, Oceanus and Amphitrite, each capable of carrying 25,000 gallons of water and equipped with advanced firefighting technology. In addition, CN launched a pilot program with fire trailers for smaller fires and stationed eight 30,000-gallon tank cars in strategic locations in British Columbia to address water scarcity. Existing trains in the fleet are being upgraded to double their water capacity, improving the company's support for emergency responders and the protection of its rail infrastructure. Mark Grubbs, Vice-President of Safety and Environment, emphasized the importance of these measures for community resilience and supply chain integrity.
Potential Positives
- CN has expanded its firefighting capabilities with new independent railcars that can rapidly deploy 25,000 gallons of water, enhancing emergency response during wildfire seasons.
- The introduction of additional fire trailers and tank cars in strategic locations improves water supply for firefighting efforts, particularly in areas vulnerable to wildfires.
- Upgrading existing firefighting fleet assets to increase their water capacity reinforces CN's commitment to protecting infrastructure and supporting local emergency responders.
Potential Negatives
- Expansion of firefighting capabilities may indicate ongoing vulnerability to wildfires, suggesting that previous measures taken were insufficient.
- Continued large-scale investment in firefighting resources could raise concerns about resource allocation and priorities within the company.
- The need for emergency response systems may signal increased frequency or severity of wildfires affecting operations, which could disrupt service and impact financial performance.
FAQ
What new firefighting assets has CN introduced in 2025?
CN introduced two independent firefighting railcars, Oceanus and Amphitrite, each carrying 25,000 gallons of water for wildfire response.
How does CN support local firefighters during wildfires?
CN enhances its firefighting capabilities and collaborates with local firefighters to protect infrastructure and supply chains from wildfires.
What upgrades were made to CN's existing firefighting fleet?
CN has upgraded its Neptune, Trident, and Poseidon trains to more than double their water capacity for improved emergency response.
What is the purpose of CN's pilot fire trailer program?
The pilot program tests fire trailers for smaller fires, providing 350 gallons of water and a fixed cannon for off-track response.
How does CN contribute to wildfire resilience?
CN strengthens wildfire resilience by expanding its firefighting fleet, enhancing water supply, and supporting emergency responders during fire seasons.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CNI Hedge Fund Activity
We have seen 345 institutional investors add shares of $CNI stock to their portfolio, and 424 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF NEW YORK MELLON CORP removed 6,397,027 shares (-52.8%) from their portfolio in Q2 2025, for an estimated $665,546,689
- WELLINGTON MANAGEMENT GROUP LLP added 6,372,688 shares (+39.5%) to their portfolio in Q2 2025, for an estimated $663,014,459
- TCI FUND MANAGEMENT LTD removed 3,910,012 shares (-14.5%) from their portfolio in Q2 2025, for an estimated $406,797,648
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC added 2,690,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $279,909,216
- QUADRATURE CAPITAL LTD removed 2,113,700 shares (-95.6%) from their portfolio in Q2 2025, for an estimated $219,909,348
- FISHER ASSET MANAGEMENT, LLC added 1,823,800 shares (+inf%) to their portfolio in Q2 2025, for an estimated $189,748,152
- CIBC WORLD MARKET INC. removed 1,700,845 shares (-26.0%) from their portfolio in Q2 2025, for an estimated $176,955,913
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CNI Analyst Ratings
Wall Street analysts have issued reports on $CNI in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 07/23/2025
- Susquehanna issued a "Positive" rating on 07/23/2025
- RBC Capital issued a "Outperform" rating on 07/23/2025
- Citigroup issued a "Buy" rating on 07/09/2025
- Evercore ISI Group issued a "Outperform" rating on 05/02/2025
- Stifel issued a "Buy" rating on 04/14/2025
- Jefferies issued a "Buy" rating on 04/09/2025
To track analyst ratings and price targets for $CNI, check out Quiver Quantitative's $CNI forecast page.
$CNI Price Targets
Multiple analysts have issued price targets for $CNI recently. We have seen 10 analysts offer price targets for $CNI in the last 6 months, with a median target of $115.0.
Here are some recent targets:
- Brandon Oglenski from Barclays set a target price of $99.0 on 07/23/2025
- Christian Wetherbee from Wells Fargo set a target price of $117.0 on 07/23/2025
- Walter Spracklin from RBC Capital set a target price of $157.0 on 07/23/2025
- Bascome Majors from Susquehanna set a target price of $120.0 on 07/23/2025
- Ariel Rosa from Citigroup set a target price of $123.0 on 07/09/2025
- Ken Hoexter from B of A Securities set a target price of $115.0 on 05/16/2025
- Jonathan Chappell from Evercore ISI Group set a target price of $114.0 on 05/02/2025
Full Release
MONTREAL, Sept. 08, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it has expanded its firefighting capabilities with new assets and upgrades to its specialized fire suppression fleet. Building on its 2024 wildfire response, CN has strengthened its ability to protect its network infrastructure and support local firefighters during another severe wildfire season.
In 2025, CN introduced two independent firefighting railcars, Oceanus and Amphitrite. Each carry 25,000 gallons of water and is equipped with cannons, pumps, and hose support. The units can be deployed rapidly and operate either independently or with larger trains.
"At CN, our priority is to safeguard the critical rail infrastructure and supply chains that communities and businesses rely on every day. These new assets strengthen our ability to defend our network, protecting supply chain corridors from the threat of wildfires while also supporting emergency responders. Together, we are ensuring resilience where it matters most."
— Mark Grubbs, Vice-President, Safety and Environment
CN also launched a pilot program testing fire trailers for smaller fires along the right of way. Each trailer holds 350 gallons of water and features a fixed water cannon for off-track wildfire response.
To further bolster efforts in British Columbia, CN stationed eight additional 30,000-gallon tank cars in strategic locations. These cars helped ensure the availability of additional water supply in water-scarce regions.
Upgrades to Existing Firefighting Fleet
CN also enhanced its existing Neptune, Trident, and Poseidon trains, first deployed during the 2024 Jasper wildfires. These assets are being upgraded to increase their water capacity by more than double, improving CN’s ability to assist emergency efforts near rail infrastructure and in hard-to-reach fire zones.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
| Media | Investment Community |
| Michelle Hannan | Stacy Alderson |
| Advisor | Assistant Vice-President |
| Media Relations | Investor Relations |
| (514) 237-6815 |
(514) 399-0052
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| [email protected] |
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