Union Pacific and Canadian Pacific each have employees who have contracted the virus, and they and those around them are in self-quarantine.
Industry group estimates farmers will face rail blockade-related costs of over C$300 million.
USD Partners and Gibson Energy will begin construction of a unit in April that will produce a nonhazardous heavy crude product.
The tentative agreement could help bring an end to protests on the country’s freight transportation network.
Law enforcement may have broken up protesters’ rail blockade near Belleville, Ontario, but it’s uncertain when freight rail operations will return to normal. Stakeholders along Canada’s supply chain are also still jittery over the potential for additional blockades.
Uncertainty is still an underlying theme facing North American freight railroads.
Freight trains carrying dangerous goods in Canada can now travel at faster speeds, according to a revised government order. Transport Canada had restricted how fast those trains could go following a fiery Feb. 6 derailment of a crude train.
Canadian National warns protesters they’re jeopardizing their safety, while passenger rail service on VIA Rail remains cancelled.
Demonstrators say their actions, which have blocked rail lines and access to several Canadian ports, are in support of a First Nations group’s concerns over a proposed pipeline.
A temporary order in Canada restricting the speed of freight trains carrying dangerous goods could potentially affect the broader economy.
The federal agency issues the order following a fiery derailment of a Canadian Pacific crude train.
January was a record month for grain volumes for CP.
Authorities evacuate town of Guernsey, Saskatchewan, and close five-mile stretch of key Western Canada highway after morning accident involving CP train.
A short line acquisition in Atlantic Canada and enhanced crude oil production in western Canada could boost rail volumes in the coming years, executive said.
Revenue gains for grain, energy, chemicals and plastics provide boost.
The railway and the rail union respond to a CBC documentary about a fatal February 2019 train accident.
Organizations may lobby Parliament to declare rail service an essential service so that access remains available during events such as labor strikes.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
New hopper cars and a high-efficiency train model at some elevators help boost volumes.
The railway announced plans to acquire the Central Maine & Quebec Railway in November.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
Kansas City Southern and Canadian Pacific deliver goodwill to local communities along portions of their rail networks.
Market Expert Michael Baudendistel writes about rail intermodal volume is lower for the long-term, or can it be more competitive with trucking.
Accident in Saskatchewan causes 1.5 million-liter crude oil spill.
Teck Resources opts not to renew 10-year deal for the transport of metallurgical coal.
The railway attributes the record to its high efficiency train model and to collaboration with supply chain participants.
The railway seeks to extend its reach to non rail-served markets.
In two unrelated announcements on Nov. 20, CP lays out plans to deepen network capacity.
The railway hauled record grain and grain products volumes in October.
The railway also earned record third-quarter revenue.
Reports have been surfacing that the Alberta government could grant more crude-by-rail contracts.
Heading into earnings season, the railroads clearly have a revenue headwind as carloads declined again in the latest week.
Millions in private and public funding are going toward the two western Canadian ports.
Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.
Grain shippers wonder if the Canadian railways will keep up with demand in the 2019-20 crop year.
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
A renewed focus on building western gran network capacity helped Canadian Pacific reach all-time records for grain hauls in the 2018-2019 crop year.
Canadian Pacific Railway (TSX:CP) (NYSE:CP) 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 open, extensible platform capable of sharing shipping events, messages and documents across all the actors […]
Canadian Pacific’s (NYSE: CP) is willing to cut costs in the second half of 2019 should macroeconomic factors put pressure on demand for rail service.
Canadian Pacific’s (NYSE: CP) second quarter net income rose 66 percent amid a 13 percent increase in company revenue, the railroad reported on July 15. CP’s financials are reported in Canadian dollars, except for earnings per share.
While operational efficiencies get the credit for a freight railroad’s improved operating ratio, other factors, such as changes in fuel prices and increases in freight rates, play significant roles according to a research paper by a law firm representing shippers in Canada.
Rail volumes were off again for the week ending June 29, 2019 with U.S. railroads reporting a 5.5 percent decline.
“It’s just a confusing time for all of us in transportation and anybody in manufacturing or business in general to have a really good sense of why we’re seeing this kind of softness,” said CSX chief executive officer Jim Foote.
The railway moved 15 million metric tonnes of grain for export through Vancouver in May, breaking the record set in May 2017 by 5 percent, the company said on June 4.
Only 17 percent of the relationships between the U.S. passenger and freight railroads required to utilize positive train control technology have interoperability, meaning that the host railroad can communicate with a non-host train through the technology, according to data released by the Federal Railroad Administration.
Government agency Transport Canada has released a proposed regulation requiring the use of video and voice recorders in locomotive cabs of freight trains operating in Canada.
“The board has the authority to define reasonable practices. If you were in our shoes, what would you do?” said Surface Transportation Board vice chairman Patrick Fuchs to a panel representing BNSF, Canadian National and Canadian Pacific.
Rail congestion in regions such as Chicago and Houston may have eased for now, but the railroads will still need to find ways to increase capacity at those busy city locations as the U.S. population grows, Class I railroad executives said at an investor conference this week.
Canadian rail volumes rose again year-to-date for the week ended May 11, while U.S. rail volumes continued downward amid U.S. tariff uncertainty and a fuzzy economic picture.
FreightWaves market expert Jim Blaze looks at a regulatory spat between Canadian National Railway and Canadian Pacific Railway over the concept of “open access.” Learn why that is important to all railroads – and shippers!
Canadian Pacific (NYSE: CP) and Canadian National (NYSE: CNI) both moved record volumes of grain in April, following a harsh winter that sometimes curtailed rail shipments. Canadian National said on May 8 that it moved an all-time record 2.72 million metric tonnes in April, compared to a three-year average of 2.23 million metric tonnes. Canadian […]
“This past winter was one of the most challenging in my railroading career,” Canadian Pacific (NYSE: CP) president and chief executive officer Keith Creel said. “I applaud our employees for their resiliency in overcoming loss and pushing through extraordinary conditions and challenges throughout February and March. Our commitment to precision scheduled railroading [PSR] enabled a strong recovery, and gives us a solid foundation moving forward.”
Isuzu with partners Supreme and Delivery Concepts have introduced a truck body designed for craft brewers, complete with taps. Plus, ports seek alternative fuels, concerns over fracking, and Walmart pressures suppliers.
