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CN’s Ruest Named Railroader of the Year
Montreal, QC — Railway Age announced that the 56th annual recipient of the Railroader of the Year Award is CN President and Chief Executive Officer Jean-Jacques “JJ” Ruest, leader of one of North America’s best-performing Class I railroads. “JJ Ruest…
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CP breaks record in October for shipping grain and biofuels
Calgary, AB — Canadian Pacific has broken all-time records for the shipment of grain, moving 2.64 million metric tonnes (MMT) of Canadian grain and grain products in October. This makes October 2018 CP’s biggest month ever for moving Canadian grain,…
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Canadian National Railway CEO ‘bullish’ despite U.S. China trade tensions
Montreal, QC — The head of Canada’s largest railway dismissed concerns about a looming trade war between China and the United States, stressing flexibility as he pointed to producers that have moved operations out of China to other Pacific countries.…
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Canadian Pacific CEO downplays impact of U.S. China trade battle
Calgary, AB — Canadian Pacific Railway Ltd. is downplaying the potential negative impact on its operations from a trade war between the United States and China. China accounts for 12 per cent of North American revenues, with direct business between…
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Canadian Pacific Railway execs brush off threat of ‘Amazon effect’
Calgary, AB – Looking forward to what they are calling a record-setting third quarter, executives at Canadian Pacific Railway Ltd. said the “Amazon effect” poses no threat to the company and raised its full-year financial guidance amid a strong outlook for…
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Oilsands producer Cenovus shares get a lift from crude rail deals
Calgary, AB — Cenovus Energy Inc. shares increased nearly seven per cent after the oilsands producer said it signed three-year deals with Canada’s major rail companies to move 100,000 barrels per day of heavy crude oil by rail. The Calgary-based…
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Federal government accelerates phase out of rupture prone rail tankers
Ottawa, ON — The federal government is speeding up the timelines for the removal of rupture-prone tank cars from Canadian railroads. Ottawa has taken steps to phase out certain types of tank cars following the deadly train derailment and explosions…
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Union Pacific to borrow from competition in its rail reforms
Omaha, NE — Union Pacific plans to borrow some ideas from other major freight railroads as it works to improve its operations. The Omaha, Nebraska-based railroad said Monday that it will incorporate some of the operating principles that have led…
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CN only Canadian company on Dow Jones Sustainability World Index
Montreal, QC — CN announced it has again earned a place on the Dow Jones Sustainability World Index (DJSI). This marks the seventh consecutive year that CN has been listed on the DJSI World Index and the 10th consecutive year…
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Meeting hears more rolling stock, staff, track, will void grain shipment snags
Saskatoon, SK — They’re not guaranteeing improved grain transportation by this winter, but Canada’s two biggest railways say they believe new locomotives, hopper cars and extra staff will make a difference getting crops to market in the months ahead. That…
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CP brings together short line and regional connections to strengthen relationships
Calgary, AB — Canadian Pacific Railway and its short line and regional railroad connections met over two days to discuss shared opportunities for moving the North American supply chain forward, as part of CP Reconnect 2018 Short Line and Regional…
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CN orders 60 more locomotives from GE Transportation
Chicago, IL — GE Transportation announced that CN will acquire 60 additional locomotives, expanding the class I’s 200-unit order placed in December 2017. “With strong demand across our business, we continue to invest for the long haul with these locomotives…