Companies offering freight services should see sales growth as freight rates rise. The high demand in freight transport should be a boon for CSX Corporation (NASDAQ) and Canadian National Railways (TSX) (CNI). What stock do you think is the best buy? Learn more. CSX Corporation (CSX), provides rail-based freight transport services. This company provides rail services and intermodal container and trailer transportation, as well as other services such rail-to truck transfers and bulk commodity operations. Canadian National Railway Company, (CNI), is engaged in rail transportation. This company owns a network that includes 19,500 track miles across Canada and the United States.

Due to strict containment measures, the railroad industry suffered severe damage during the COVID-19 epidemic. Although many parts of the globe are still experiencing the return of infection, the railroad industry is recovering due to rising freight rates and accelerating shipping overland. Technavio reports that the railway market will grow by 10.1% between 2025 and 2025. CNI as well as CSX will both benefit.

CNI’s return has been 3.5%, while CSX has gained 5.8% during the past three-months. CSX has experienced a gain of 5.8%. However, CNI’s 18.4% gains over the past year are significantly higher than CSX’s 14% returns. Moreover, CNI is the clear winner with 12.6% gains versus CSX’s 3% returns in terms of the past six months’ performance.

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