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.
