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Investment to help shippers gain access to western railways
Unity, SK — Two rail lines in Saskatchewan will receive $12.4 million in funds to help enhance rail capacity, reduce bottlenecks and increase competition by offering shippers access to two railways. The first project will upgrade the track of the…
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CN and CSX announce new intermodal service offering
Montreal, QC —CN and CSX announced a new intermodal service offering between CN’s greater Montreal & Southern Ontario areas, and the CSX-served ports of Philadelphia, New York, New Jersey and the New York City metropolitan area. “Over the long term,…
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CP announces organizational changes
Calgary, AB —Canadian Pacific Railway announced organizational changes that it says will drive continued success. Robert Johnson, Executive Vice-President, Operations, is retiring at the end of September. Effective September 1, CP’s new Executive Vice-President, Operations, is Mark Redd. Redd joined…
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Funding to address rail bottlenecks near Vancouver port
Abbotsford, BC — Marc Garneau, Minister of Transport announced a major investment of $20 million to increase rail capacity near Abbotsford resulting in a significant increase in overseas trade to and from terminals in the Port of Vancouver. The project…
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Evacuation ends and rail line reopens after Alberta train derailment
Irvine, AB — Residents of a southern Alberta hamlet are back in their homes after an evacuation that followed a train derailment and chemical spill. Cypress County posted on its website Saturday that the spill, which Canadian Pacific Railway says…
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Canadian Pacific joins Blockchain in Transport Alliance
Calgary, AB — Canadian Pacific has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain is an…
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Chassis pool added to CP’s Chicago yard
Budd Lake, NJ – Consolidated Chassis Management (CCM) announced the addition of a new start stop location in the Chicago Ohio Valley Consolidated Chassis Pool (COCP), located at the DNJ Intermodal Depot, situated on the Canadian Pacific (CP) Rail Bensenville property,…
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Record amount of grain moved by CN
Montreal, QC — CN announced that it moved more Canadian grain during the 2018-2019 crop year than ever before and set multiple new records despite the restrictions on Canadian canola exports to China. Many of these records were achieved during…
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CN extends transportation agreements with GM
Montreal, QC — CN announced that it has reached a new multiyear agreement with General Motors for the transportation of finished vehicles and assembly parts. GM will also be the first customer to use CN’s new automotive compounds in Vancouver…
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Railroads face a freight slowdown
Railroads are warning investors that freight shipments will continue to fall this year as the Trump administration’s trade fights hamper exports and cheap natural gas causes coal deliveries to dwindle. CSX and Union Pacific both reported a slowdown in freight…
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Oil and container traffic push CN Rail to record revenues of nearly $4B
Montreal, QC — Crude–by–rail and container traffic drove Canadian National Railway Co. to its highest ever quarterly revenue and adjusted earnings per share, shoring up confidence in its EPS forecast of low double-digit growth for 2019. The country’s largest railroad…
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CN, Imperial Oil, and Suncor to rebuild bridge link to NWT
Calgary, AB — CN announced that it will rebuild the rail bridge over the Steen River in Alberta. Imperial and Suncor are contributing funds to the reconstruction effort. This rail bridge is the commercial link for many communities near Great…