Canadian National Railway Company and Old Dominion Freight Line, Inc.: A Comprehensive Revenue Analysis

A Decade of Growth: Canadian National Railway vs. Old Dominion Freight Line

In the ever-evolving landscape of North American transportation, Canadian National Railway Company (CNR) and Old Dominion Freight Line, Inc. (ODFL) have emerged as industry titans. Over the past decade, CNR has consistently outpaced ODFL in revenue, with a 2022 peak of approximately 17.1 billion USD, marking a 41% increase from 2014. Meanwhile, ODFL has demonstrated impressive growth, with its revenue surging by 125% over the same period, reaching around 6.3 billion USD in 2022.

Key Insights

• CNR's Steady Climb: Despite a slight dip in 2020, CNR's revenue trajectory has been upward, reflecting its robust market position.
• ODFL's Rapid Expansion: ODFL's revenue growth highlights its strategic expansion and increasing market share.

This analysis underscores the dynamic nature of the freight industry, where strategic growth and market adaptation are key to success.