Canadian National Railway Plans $75M Mississippi Rail Investment

Canadian National Railway (CN) has announced a $75 million investment in Mississippi as part of its 2025 capital investment program, aimed at enhancing track maintenance and strategic infrastructure to ensure safe goods movement and support sustainable economic growth across the state and CN's broader network. This follows CN's $56 million investment in Mississippi in 2024, which included improvements at the Jackson railyard and capacity upgrades on the Beaumont Subdivision. CN operates about 575 route miles in Mississippi, employs nearly 500 people there, and contributed $55 million in local spending and $15 million in taxes in 2024. The investment is seen as a strategic move to improve network efficiency, safety, and long-term growth, with analysts noting potential upside in CN stock price based on earnings growth and operational improvements. Local officials, including Mississippi's Southern District Transportation Commissioner, have praised CN's commitment to strengthening communities through these investments. CN's broader 2025 capital program also includes significant investments in other states like Illinois, reflecting its extensive North American rail network operations.