Canadian Pacific Railway

Canadian railway Canadian Pacific plans to merge with Kansas City Southern in a deal worth $29 billion.

Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.

Plans to halt construction of the Keystone XL pipeline will likely mean more crude oil volumes being shipped by rail. But how much more will depend on a variety of factors, including oil price spreads, other pipelines, oil storage options and the railroads’ ability to juggle volumes.

CSX’s tunnel widening plans are still moving forward; Canadian Pacific sees record grain volumes for January.

TrinityRail, Canadian Pacific and Rocky Mountain Industrials announce company news; unions seek appointments to the National Mediation Board.

With its acquisition of an Atlantic short line railroad in place, Canadian Pacific said the next opportunities to expand its network lie in its land holdings and partnerships.

Canadian Pacific reported a fourth-quarter operating ratio of 53.9%, a record low. Fourth-quarter net profit was CA$802 million, up nearly 21% year-over-year.

Acquisitions and record Canadian grain loadings round out rail news

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.

The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”

November was a bright spot for U.S. and Canadian grain carloads.

The railway has started reaching out to First Nations groups and the broader public to share its plan.

CP will serve Hapag-Lloyd at the New Brunswick port through 2025.

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.

CP’s partnership with Maersk is starting early, with the first vessel coming into Vancouver in December versus March 2021.

Railroads are leveraging automation and evaluating assets to improve fuel efficiency. Corporate climate goals are on the rise as railroads increase their conservation and emission-reducing efforts.

U.S. carload traffic on a weekly basis was 3.1% lower last week on a year-over-year basis and 1.7% higher sequentially.

Exports drive Canada grain volumes higher.

The railroad has 1,000 acres it can develop with partnering customers.