Canadian National Railway (CNI), Monday announced a $60 million investment in Minnesota as part of its 2025 capital program. Funds will bolster track maintenance and key infrastructure, enhancing network resilience and safety for freight movement across the state and CN's wider system.
In Two Harbors, CN will install a new loop track and modernize its rail yard, securing local jobs and supporting Minnesota's iron ore supply chain. "CN's commitment strengthens our transportation backbone and benefits the community," noted Mayor Lew Conner.
Last year, CN invested $77?million in Minnesota, including $9?million at Two Harbors and $2.5?million at the Duluth Iron Ore Dock.
CNI is currently trading at $104.43, up $0.67 or 0.64 percent on the New York Stock Exchange.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.