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Canadian National Railway Co. Posts Fourth-Quarter Gain

Agriculture shipments lift freight volumes

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Canadian National Railway Co. says its fourth-quarter profit rose by 8 per cent, buoyed by rising grain and fertilizer shipments.

Montreal-based CN, Canada’s largest railway, said revenue for the three months ending Dec. 31 rose by 2 per cent, driven by a 14-per-cent increase in agriculture freight and a 4-per-cent rise in automotive shipments.

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