Canadian Pacific has announced a pilot project to develop North America’s first line-haul hydrogen-powered locomotive.
Major railways are classified as leaders among thousands of companies that disclosed climate information to the CDP this year.
As a major shareholder of CN and CP, TCI Fund Management has submitted proposals for climate action. TCI also requested shareholder votes on climate plans at yearly meetings.
Canadian Pacific Railway will pay $312 million for full ownership of a 1.6-mile tunnel linking U.S.-Canada via Detroit and Windsor
Despite a 12% drawdown in volumes, CP reached a record second-quarter operating ratio of 57%.
The Canadian class I railroads outlined a number of growth opportunities at an investor conference. Intermodal capacity expansion at the ports and grain delays provided the big takeaways.
Canadian National announced record western Canadian grain shipments and a C$210 million investment to support exports.
