CN to invest $38 million in Iowa to build capacity and power sustainable growth

CN announced today plans to invest approximately US$38 million in Iowa, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Iowa and across CN’s network.

“We believe that investing in our network is about building for the future. Our continued infrastructure investment in Iowa will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate.”

Tracy Robinson, President, and Chief Executive Officer of CN said, “CN’s $38 million investment into our state’s infrastructure is a big win for Iowa's farmers, businesses, and communities. This project will not only improve the resiliency and efficiency of transporting Iowa products across North America, but it will also create jobs and support long-term sustainable growth in Iowa. Investments like this help ensure Iowa remains a leader in feeding and fueling the world, and I’m grateful to have CN invest in Iowa’s future."

- U.S. Congresswoman Ashley Hinson, Iowa’s 2nd Congressional District

In 2024, CN invested approximately US$31 million in Iowa for track maintenance and key infrastructure initiatives. Highlights of this investment include:

• Approximately US$1.4 million to upgrade the track and build capacity on CN’s Osage Subdivision near Cedar Rapids

• Over US$1 million towards upgrades at CN’s Waterloo rail yard to improve operations.

Iowa in Numbers:

• Capital investments: More than US$ 31 million in 2024

• Employees: approximately 258

• Railroad route miles operated: 572

• Community investments: US$ 98,000 in 2024

• Local spending: US$29 million in 2024

• Cash taxes paid: US$6.2 million in 2024