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Feds move forward with Vancouver infrastructure project
Vancouver, BC — The Government of Canada, the Vancouver Fraser Port Authority and CN have signed an agreement to upgrade key infrastructure to increase capacity on a critical segment of trade infrastructure in the Greater Vancouver area. The project is…
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‘A major challenge:’ Railway in B.C. derailment details harsh weather challenges
Calgary, AB — A report by the railway company involved in this week’s deadly derailment in the Rocky Mountains details how challenging it is to run trains in frigid temperatures. “Harsh winter conditions are an inescapable reality in Canada’s northern…
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‘Not anything the crew did:’ TSB says fatal train derailment started on its own
Calgary, AB — A Canadian Pacific freight train parked on a frigid night in the Rocky Mountains began to move on its own before a derailment that killed three workers and sent 99 grain cars and two locomotives hurling off…
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CN Rail boosts dividend as it forecasts strong performance in 2019
Montreal, QC — Canadian National Railway Co. boosted its dividend by 18 per cent after reporting that its revenues surged 10 per cent in 2018 and forecasting another strong year ahead that builds on burgeoning shipments of oil, coal and…
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Report from transportation watchdog probes commodity discrimination by rail
A preliminary report from the Canadian Transportation Agency appears to confirm shippers’ complaints about a relatively high number of restrictions on commodities they tried to move by rail through the Vancouver area. Industry groups have accused Canada’s two largest rail…
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Railroads say economy still growing at steady rate
Omaha, NB — The economy appears to be going strong for the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business. Union Pacific, Norfolk Southern and CSX railroads…
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CP and Hapag-Lloyd renew long-term agreement
Calgary, AB — Canadian Pacific Railway and Hapag-Lloyd AG announced an extension of their long-term agreement to the benefit of the international supply chain, the movement of cargo through the ports of Montreal and Vancouver, and the overall North American…
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Grain to drive CP Rail’s surging shipments amid high demand for commodities
Grain could continue to anchor Canadian Pacific Railway Ltd. in 2019 following a record-setting year, with recent federal legislation and higher efficiency likely to bolster revenues amidst a China-U.S. trade battle that could benefit Canadian commodities, railway executives and analysts say.…
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Forestry and legumes shippers say railways prioritized other commodities
Canada’s forestry and legume industries say the country’s two major railways prioritized other commodities over their shipments to the Port of Vancouver late last year, costing companies millions amid surging demand for Canadian goods abroad. Canadian National Railway Co. and…
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CP Rail says freight train derailed near Field, B.C., no injuries
Field, BC — Clean-up work is under way at the scene of a Canadian Pacific Railway train derailment just east of Field, B.C., near the Alberta boundary. CP Rail says in a statement that there were no injuries when 16…
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Canada’s two major railways well poised for trade headwinds in 2019: analysts
Montreal, QC — Canada’s two major railways are well-positioned to weather potential economic headwinds and the U.S.-China trade war, analysts say, as ongoing investments in new cars and track bolster crude-by-rail and commodities shipments. Canadian National Railway Co. and Canadian Pacific Railway…
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CN achieves PTC milestones before year-end deadline
Homewood, IL — CN announced it has met all Dec. 31, 2018 milestones in its positive train control (PTC) implementation plan and applied on November 7 for a two-year extension to complete deployment and interoperability. Mandated by the U.S. Congress…