CP: Lac–Mégantic By-Pass Completion Set for 2023

CP: Lac–Mégantic By-Pass Completion Set for 2023

11.May – LAC-MÉGANTIC, QC – Today, Canada’s Minister of Transport, the Honorable Omar Alghabra, and the Parliamentary Secretary to the Minister of Transport, Soraya Martinez Ferrara, announced that the Government of Canada intends to complete the rail bypass project around downtown Lac–Mégantic in 2023. A press release indicates that a number of milestones have been […]

New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

New 100lb/ rail on Cog Railway to replace 25lb rail. Conway Scenic refinances dome car.

New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

The Mount Washington Cog Railway and Conway Scenic Railroad are beneficiaries of loans from the New Hampshire Class III Railroads and Cog Railroads Revolving Loan Fund. The New Hampshire Executive Council voted yesterday to approve the loans. The Cog Railway project benefiting from a $1.2 million loan will lay new 100lb (per yard) modern rail […]

Haulage Rights Offered To Vermont Rail System

G&W Filing for Pan-Am Southern Attempts to maintain competitive access for Vermont Rail System

Haulage Rights Offered To Vermont Rail System

On April 27th, CSX filed their revised bid for Pan-Am with the Surface Transportation Board in conjunction with a separate application Genesee & Wyoming to assume operation of Pan-Am Southern. This transaction reduces Vermont Rail System connecting carriers from 3 to 2. Certain markets (including the critical connections to CSX and NS) effectively go from […]

CP: Hapag Lloyd Adds Saint John to Weekly Service

CP: Hapag Lloyd Adds Saint John to Weekly Service

2.May – Saint John NB –  The agreement announced by Canadian Pacific and Hapag Lloyd in late 2020 is now firmly in place via a notice to customers made Wednesday, 28.April, about the startup of a weekly container service on rotation from the Mediterranean to Saint John, New Brunswick. Inbound cargo will utilize the geographic […]

CP/CMQ: Pleasant River Lumber Puts $25M into Maine Operations

CP/CMQ: Pleasant River Lumber Puts $25M into Maine Operations

30.April, Dover-Foxcroft ME – A strong lumber market is leading Pleasant River Lumber Co. to invest $25 million over the next three years in four Maine facilities. When completed, the projects will enhance PRL’s production capacity to ~400 million board feet through its five Maine mills. Rail has traditionally been a vital transportation component for […]

NEARS: CP’s Keith Creel Chats

NEARS: CP’s Keith Creel Chats

28.April, NEARS Spring 2021 Virtual Conference – In a Fireside Chat hosted by Cowen & Company’s Jason Seidl, Keith Creel discussed CP’s purpose and strategy regarding its bid for KCS, and addressed New England-oriented audience questions posed by Atlantic Northeast Rails & Ports. Key takeaways: CP is not going to get in to a bidding […]

NEARS: Shippers Panel Pulls No Punches

NEARS: Shippers Panel Pulls No Punches

28.April, NEARS 2021 Virtual Conference –  NEARS President Dennis Wilmot moderated DuPont Category Manager Dwight Price and US Rail & Logistics’ CEO Wes Adkins in a candid discussion of the current rail service environment from the shipper’s perspective. Key takeaways: “Just move my stuff. We shouldn’t have to keep figuring it out. And yet we […]

NEARS conference this week

The excellent Northeast Association of Rail Shippers conference (on zoom this time) is April 27-29. Register, learn more and see the agenda at nears.org NEARS provides a podium for a variety of subjects – railroading and shipping trends, shippers panels and success stories, intermodal industry updates, Wall Street and Main Street analysis and outlooks, new […]

CP: KCS Merger to Fall Under Pre-2001 Waivered Rules

CP: KCS Merger to Fall Under Pre-2001 Waivered Rules

23.April – WASHINGTON DC – The Surface Transportation Board on Friday afternoon released its decision on the request by Canadian Pacific and Kansas City Southern to review their proposed merger under the pre-2001 merger rules. CPKC had stated that the Transaction is subject to the regulations set forth at 49 C.F.R. part 1180 (2000) pursuant […]

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