Canadian National Railway Co. (TSX: T.CNR, Stock Forum). The stock briefly hit $93.12 on Thursday before closing at $92.76, for an increase of 0.77%.
The company said the first CN Rail trains to serve the state-of-the-art intermodal terminal for containerized goods at the company's new Calgary Logistics Park arrived Jan. 10.
CN Rail's C$200-million logistics park is strategically located between the ports of Prince Rupert and Vancouver and major cities across Canada and mid-America.
The company controls Canada's largest railroad system, having approximately 20,600 route miles of track, spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, and serves the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the key cities of Toronto, Buffalo, Chicago, Detroit, Memphis, St. Louis, and Jackson (Mississippi), with connections to all points in North America. CN moves a diversified set of commodities and goods including petroleum and chemicals, metals and minerals, forest products, coal, grains and fertilizers, and automobiles as well as intermodal shipments.
The second company to make the 52-week-high list was Canadian Pacific Railway Ltd. (TSX: T.CP, Stock Forum). The stock briefly hit $110.10, before closing at $109.68, for an increase of 0.64%.
CP Rail is a holding company whose direct and indirect subsidiaries operate railways in North America.
The company, through 10,600 miles of owned track and 4,100 miles of jointly-owned or leased track, and through alliances and connections with other rail companies, operates mainline rail transportation services which span North America.
The company will release its fourth-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on Tuesday, Jan. 29, 2013.