Regional Rail, which is backed by infrastructure investment firm 3i, has acquired freight rail assets in western Canada that serve agricultural and energy interests.
CN and CP unveil their annual winter operational plans, which include expectations that grain shipments will be down this year and that a La Nina event could mean lower winter temperatures for western Canada.
Although Canadian grain shippers anticipate lower grain harvest volumes for the 2021-2022 crop year, adequate rail service remains a chief concern.
The reduction in train speeds between Kamloops and Boston Bar is designed to lessen the chances that sparks from a freight train could start a fire amid extreme heat and dry conditions.
Authorities evacuate town of Guernsey, Saskatchewan, and close five-mile stretch of key Western Canada highway after morning accident involving CP train.
Canadian firm secured C$45 million loan from U.S. commercial financer Great Rock Capital to expand operations.
Long-delayed project to bring more of Western Canada’s oil to market gets under way, slated for completion in 2022.
