Canadian National Railway Corp.(TSX: T.CNR, Stock Forum) briefly hit $94.45 on Friday before closing at $94.675, for an increase of 0.94%.
On Jan. 17, the railway company announced a plan to construct an intermodal ramp at its freight yard in Joliet, Illinois, to offer import/export customers key access to numerous Chicagoland distribution centers.
The full-service intermodal ramp will efficiently accommodate the transfer of containers between rail and truck.
The second company to make the 52-week-high list was West Fraser Timber Co. Ltd.(TSX: T.WFT, Stock Forum). The stock hit a new peak of $79.65, before closing at $79.11, for an increase of 0.67%.
On Jan. 15, 2013, the integrated wood products company said it will hold an analysts' conference call to discuss fourth quarter 2012 financial and operating results on Friday, Feb. 15, 2013 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.
West Fraser Timber is best known for producing lumber and southern yellow pine, panels, pulp, newsprint and wood chips.