Meet North America's Most Efficient Railroad

By Michael Hooper | More Articles | Save For Later 
November 16, 2013 | Comments (0)

A transcontinental railroad with a huge reach across Canada and the United States owns a competitive edge over other railroads and truckers. And because that railroad is also the most efficient in the industry, it can make tremendous profits in a growing economy. Meet Canadian National Railway (NYSE: CNI  ) , the only railroad with connections to the Pacific Ocean, the Atlantic Ocean, and the Gulf of Mexico.

History of the Trans-ConThe first transcontinental railroad was created in 1869 to connect San Francisco Bay with the existing Eastern U.S. rail network at Council Bluffs, IA. Union Pacific (NYSE: UNP  )  owns the route between Council Bluffs and San Francisco. UP's track covers the western two-thirds of the United States, but goes no farther east than Chicago.

Canadian Pacific Railway (NYSE: CP  ) completed Canada's first transcontinental railroad in 1885, connecting Vancouver with the Port of Montreal, but currently does not reach the Atlantic Ocean.

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