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Canadian National Railway Company (CNR:CA) Presents at 16...
SA Transcripts · 2026-06-12 · via All Articles on Seeking Alpha

Canadian National Railway Company (CNR:CA) 16th Annual Wells Fargo Industrials & Materials Conference June 11, 2026 9:45 AM EDT

Company Participants

Janet Drysdale - Executive VP & Chief Commercial Officer
Patrick Whitehead - Executive VP & COO

Conference Call Participants

Christian Wetherbee - Wells Fargo Securities, LLC, Research Division

Presentation

Christian Wetherbee
Wells Fargo Securities, LLC, Research Division

Good morning. We had a good outcome in the game last night. So thanks, everybody, who is joining us at the event. And I had to go back to the hotel room because it wasn't working my way until much later in the game. But anyway, with that, we're very pleased to get started with the last day of the conference here, still running strong and very excited to have Canadian National joining us to kick off this morning. So from the company, we have Patrick Whitehead, who's EVP and Chief Operating Officer; and to his right is Janet Drysdale, EVP and Chief Commercial Officer. Good morning, guys. Thanks very much for being here.

Janet Drysdale
Executive VP & Chief Commercial Officer

Morning.

Patrick Whitehead
Executive VP & COO

Good morning.

Question-and-Answer Session

Christian Wetherbee
Wells Fargo Securities, LLC, Research Division

So, I think probably the best way to start off is what we've been doing with most of the companies that have been presenting so far, which is to just kind of go through a little bit of what you're seeing so far here in the second quarter. So RTMs are trending fairly well, I think, plus 4% or so quarter-to-date, a bit ahead of expectations. I guess how do we feel about the market environment as it stands right now, the volume outlook as we're looking to close off here the quarter?

Janet Drysdale
Executive VP & Chief Commercial Officer

Yes. I think